What we do
Private equity style investing
- Detailed fundamental in-house research. One KPI - Free Cash Flow
- In depth industrial approach on Western European companies
- Long term investment horizon
- Rigorous and repeatable investment process utilised since 2002
High conviction & concentration
- Individual positions materially impact portfolio performance
- Sizing driven by risk reward & constrained by maximum potential loss
- Large safety margin between proprietary valuation and market price
- Avoiding permanent loss of capital as important as performance
Discipline & prudence
- Risk management embedded in all aspects of the investment process
- Differentiated portfolios with minimal overlap to other funds
- We make no attempt to have similar exposures to indices
Primarily leads to Small & Mid Caps
- Small & Mid Caps fit the fundamental investment process
- Exposures as a result of bottom-up selection with risk management overlay
- Large Caps welcome provided same access & level of understanding achievable
Shortlisted in the 2018 Investors Choice Awards
Pascal’s long only strategy was shortlisted in the 2018 Investors Choice Awards.
The list of awards expands
Thomas Corbrion joined Pascal as a research analyst.
Pascal was shortlisted for the HFM European Performance Awards 2021 for its long short equity strategy.
Pascal’s long only strategy won a ‘Top Performer’ award at the Allocator 2021 Investors Choice Awards.
Long term success
Pascal's long only strategy won a 'Top Performer' award in the 'Long Only Equity Fund - under $1bn' and 'Long Only Equity Fund - Under $1bn - Long Term Performance' categories at the Allocator 2022 Investors Choice Awards.
Bertrand Faure was ranked number one in Citywire's 2022 Euro Stars guide to Europe's Top Fund Managers.
Pascal was shortlisted for the HFM European Performance Awards for its long short equity strategy for the second year running.
Refinitiv Lipper Fund Awards recognise Pascal
Pascal's long only strategy wins twice in the annual Refinitiv Lipper Fund Awards:
- Best Fund over 3 years - Equity Europe Sm&Mid Cap
- Best Fund over 5 years - Equity Europe Sm&Mid Cap
Bertrand Faure was ranked number one in Citywire's 2023 Euro Stars guide to Europe's Top Fund Managers for the second consecutive year.
Pascal was shortlisted for the HFM European Performance Awards for its long short equity strategy for the third year running.
Growing the research team and more industry recognition
Pascal's long only strategy wins a Lipper Fund Awards for the second consecutive year - Best Fund over 5 years - Equity Europe Sm&Mid Cap
Pascal's long only fund ranked 2nd out of 156 entries by DAS Investments - 'The best funds for European small and mid caps'
Pascal Investment Partners, Pascal's Long Short fund, shortlisted for a HFM European equity long term performance award
Sébastien Lemonnier joined Pascal as a research analyst.
Silver Stars awarded Citywire platinum rating
The team wins a Citywire platinum rating in the Equity - European small and medium category for our risk-adjusted performance from 2017 to 2024. The E.I. Sturdza Funds plc - Strategic European Silver Stars Fund has been managed by Investment Adviser Pascal Investment Advisers SA since inception in 2015.
