Arcstone Capital
Arcstone Capital is an investment management firm that focuses on a diversified portfolio of Indian companies, with a long-term investment horizon of approximately three years. Its portfolio is value-sensitive, concentrated in 15 to 25 companies, and has low turnover. It works persistently to discover underfollowed companies that address large markets and are led by visionary owner-managers.
- Arcstone looks for limited downside risk and strong upside potential.
- It captures the price/earnings re-rating and the share price growth that comes when the broader market recognizes a company's potential.
- It exits a position when the company is fairly valued to its future revenue streams, its catalyst for growth is no longer present, or communication between management and Arcstone Capital becomes limited.