Baron Capital, the New York-based growth equity investment firm, has announced the launch of the UCITS fund Baron Capital US All Cap Focused Growth Fund, which is registered in Singapore.
In addition to the UCITS fund, the strategy is available as a segregated mandate.
It is managed by Ron Baron, founder, chairman and CEO of Baron Capital, and Michael Baron, vice president and portfolio manager.
They look for companies they believe will deliver above-average, long-term, risk-adjusted results. Each company considered has to meet four criteria: an outsized growth opportunity, formidable and durable competitive advantages, an exceptional and proven management team, and a valuation that offers the opportunity for an investment to double within five to six years.
“Our long-term perspective permits us to think about a company as a business owner and not as a short-term tactical stock trader. This requires using extensive and detailed research to identify those businesses with competitive advantages that other companies cannot easily replicate,” said Baron.
“We also believe that people are the key drivers of success, so we look for companies that are exceptionally well managed by leaders who can provide long-term growth and return potential. This approach has been tested over numerous market cycles, allowing us to deliver attractive long-term risk-adjusted returns to investors.”
“We are pleased to launch this new fund and provide non-US investors with exposure to our proven expertise in the US equity growth market. We believe this provides an attractive proposition for investors seeking to access the long-term opportunities available via exposure to quality growth companies,” said David Chow, vice president and director for consultant relations at Baron Capital.