Lansdowne Partners

Join us on the 17th October for the Lansdowne Partners European Long Only Strategy Q3 2024 Webinar. Portfolio Manager Daniel Avigad and Deputy Portfolio Manager Shashwat Verma will be presenting their quarterly update including their views on the macro environment.   Please kindly register via the below link if you would like to attend. After registering you will receive a confirmation email containing information about joining the webinar. Please note that access to this webinar is restricted to website users who are required to meet professional criteria. Click the link to register: https://lnkd.in/eYcmTRd2

We are pleased to share this article focussing on Raspberry Pi, one of our portfolio companies which has recently joined the FTSE 250 index. Read more here: https://lnkd.in/ew2rVwvy

Peter Davies recently sat down with Algy Smith-Maxwell on his Investment Podcast to discuss where Peter sees the opportunities in equities over the next 5 years and the key growth drivers. As well as touching upon the Lansdowne Partners Developed Markets Strategy research process and who has influenced him the most. The video is available to watch here https://lnkd.in/eMBj-bCD or can be found on all podcast platforms. For further information contact BDteam@lansdownepartners.com

Portfolio Manager Daniel Avigad recently sat down with David Thorpe to discuss his investment strategy and why he believes that Europe has an advantage over the US when looking for businesses that focus in the 'mechanical and materials engineering' space. You can read the full article below: https://lnkd.in/eDme5KPk

We are excited to share that one of our portfolio companies, TechMet Ltd, has announced a significant fundraise from Qatar Investment Authority for a total commitment of $180m, valuing the company above the $1bn mark.    The TechMet Ltd team have built a unique platform for "technology metals" that we believe will become even more important in the medium and longer-term. As the world transitions towards net zero targets, our new economy requires an entirely different set of basic inputs to those needed in the old economy. This includes metals such as Lithium and Nickel, but importantly, this will also require the development of new technologies in broad areas such as mineral extraction, battery chemistry and recycling. We believe TechMet Ltd are positioned very strategically, as the urgency of both supply and security emerges over the coming years.    Lansdowne Partners were the earliest institutional investors in this company in 2021. We are thrilled that the team have been able to attract further scale capital to the platform, as we continue to advance key strategic projects.    Our sincere congratulations to Brian Menell and the whole team.    Read more here: https://lnkd.in/dqGRNrhM

We are delighted to share this article focusing on Nattergal Ltd, one of our portfolio companies which has announced its acquisition of Harold Park, a 500-acre estate in Essex. This is the third farm purchased by Nattergal. Harold Park consists of arable fields and intensive grasslands which will be rewilded with the aim of returning it to the tangled wood pastures of old. Please see the full article here: https://lnkd.in/eDFQVyFp

Jonathan Regis and Nigel Hikmet, Portfolio Managers of Lansdowne’s Developed Markets UCITS fund, recently spoke to Bloomberg about the sectors at the core of their fund - which has beaten over 80% of its peers this year. “The goal is to seek out bargains among the forgotten equities of the last 15 years”, Regis said in an interview in London. You can read the full interview below. https://lnkd.in/eaa8sNCX  

We are excited to share that one of our companies, Helsing, has completed a significant financing round for €450m led by General Catalyst.     Helsing is a truly unique team. Their talent, vision and urgency of mission is world leading in our view. The importance of defence has been completely reappraised in recent years, and we believe the AI-enabled software-based approach of this team can continue to support and improve the defence capabilities of European democracies.   Since our initial investment in Helsing the team has continued to outperform. We are excited for the opportunities ahead enabled by this fundraising.   Please find the company press release here: https://lnkd.in/dj73AcQg

We are delighted to announce that one of our portfolio companies, Oxford Ionics, has set the new world record in quantum computing for quantum chip performance. Having tracked the industry for some time, we believe this is among the most exciting developments announced in recent years. The dream of quantum computation relies on being able to build a core technology that can manage the inherent errors of quantum systems. Many approaches have been implemented and improved over the years, as key industry players have looked to establish a core system to scale further. Given the compounding nature of errors, we believe these results demonstrate a unique potential to scale up towards the ultimate goal of solving large commercial problems. It has been a privilege to support Chris Ballance, Thomas Harty and the broader Oxford Ionics team so far and we are excited for what is to come. Please see the company release here: https://lnkd.in/dfkxWrBH and the supporting paper here: https://lnkd.in/dHaqUPQs

As the first investment capital into Raspberry Pi to anchoring the IPO as cornerstone, it has been a tremendous privilege to be supporting the growth of Raspberry Pi.    A huge congratulations to Eben Upton and the team who have demonstrated incredible creativity, ambition and resilience. We are excited for the next phase of growth ahead, alongside the social impact that we can continue to build on. This is an encouraging message to the broader UK tech ecosystem and will no doubt continue to inspire many others.    Our sincere thanks to the incredibly talented teams throughout the company, all of our co-investors, the Raspberry Pi Foundation and the numerous advisors who have helped make it all happen.