Focus

Market asset classes.

Beyond any one sector, we hold a simple view: if an asset class lives and exists in the market — priced, observable and transferable — it can belong in our portfolio.

Asset classes we consider

Listed and private equity

Shareholdings in operating companies.

Commodities

Metals, energy and physical resources.

Energy assets

Generation, gas, storage and related infrastructure.

Real assets

Property and infrastructure with measurable income.

Intellectual property

Patents, licences and royalty streams.

Credit and structured instruments

Asset-backed and secured positions.

Precious metals

Physical and allocated holdings.

Digital and tokenised assets

Only where backed by a real, verifiable underlying asset.

Our test

Does it exist?

Can it be quantified?

Is there a market?

Then we look closer.

We are not attached to the label on an asset. We are attached to the evidence behind it.