Value Invest

Investor Roundtable

The first Value Investor Roundtable took place on 15th November 2017 at Grosvenor House on Park Lane, London. The next event will take place on 13th November 2018 at the same venue and attendance is by invitation only.

The format of this half day event will be for five fund managers to give short presentations to small groups of fund investors to explain their approach before being open to questions from attendees. There will be breakfast, a short coffee break and a networking lunch at the event.

If you would like to know more or should you wish to attend the roundtable please email us at contact@valueinvest.com

The participants in the 2018 event are below. Each will give examples of currently investable ideas as examples of the approach of the fund and take questions from the attendees.

 


Avenir Capital

Adrian Warner

Adrian Warner is the Managing Director and Chief Investment Officer of Avenir Capital. Prior to founding Avenir Capital in 2011, Adrian worked in the private equity industry in the United States, Asia and Australia with an investment record spanning over 17 years. Adrian was previously part-owner and Managing Director of private equity firm Catalyst Investment Managers and worked as Managing Director at CVC Asia Pacific, one of the leading private equity groups in Asia. He has also worked at private equity firms Pacific Equity Partners, in Australia, AEA Investors, in New York, and management consulting firm Bain & Company. Adrian holds a Master of Business Administration (MBA) from Harvard Business School and a Bachelor of Commerce (First Class Honours) from the University of New South Wales.


Fidelity Special Situations Fund and Fidelity UK Smaller Companies Fund

Alex Wright

Alex Wright has honed his distinctive contrarian value investment approach over a career spanning more than 15 years with Fidelity International. He joined the company in 2001 as a research analyst, covering a number of UK and European equity sectors across the market capitalisation spectrum in the years to follow. He has managed the Fidelity Special Situations Fund since January 2014 and has been portfolio manager of the Fidelity UK Smaller Companies Fund since its launch in February 2008. He has also been responsible for managing Fidelity Special Values PLC since September 2012. Alex has a BSc in Economics from Warwick University, where he graduated with First Class Honours, and he is also a CFA Charterholder.


Schroders Value Team

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Nick Kirrage

Specialist value investor Nick Kirrage is co-head of the Global Value team at Schroders, who manage over £12bn of clients’ assets. Along with co-manager Kevin Murphy he runs the Schroder UK Income, Schroder UK Recovery and Schroder ISF Global Recovery Funds. Nick started his investment career in 2001 within Schroders’ Pan European research team, having previously been an analyst responsible for Transport, Metals, Mining, Aerospace and Defence sectors. He is a CFA Charterholder and holds a degree in Aeronautical Engineering from Bristol University. Nick is a regular contributor on ‘The Value Perspective’ – a specialist resource dedicated to value investing in UK equities. For more information please visit: www.thevalueperspective.co.uk


Metropolis Valuefund

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Jonathan Mills

Jonathan founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the Metropolis Valuefund since its launch in 2011. Jonathan is also Chairman of Metropolis International which he founded with Simon Denison-Smith in 1994. Metropolis International is a media and software group which was built through over 30 acquisitions of private businesses, applying a value investing approach to each transaction. Returns to seed investors in Metropolis International were 30%+* per annum under Jonathan’s tenure as CEO from 1994 to 2011. Jonathan continues to act as Chairman of the group but has no additional executive responsibilities. Prior to founding Metropolis International, Jonathan worked for Bain & Company as a Strategy Consultant and then for Schroders in their M & A team. He graduated from Oxford University with a First Class Degree in Philosophy, Politics and Economics.

*Based on valuations paid by the company to exiting shareholders.

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Simon Denison-Smith

Simon founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the Metropolis Valuefund since its launch in 2011. Simon is also a non-executive Director of Metropolis International, which he helped Jonathan Mills to set up in 1994. Metropolis International is a media and software group which was built through over 30 acquisitions of private businesses, applying a strict valuation discipline on each transaction. Simon continues to act as a non-executive Director of the group but has no additional executive responsibilities. Prior to this, Simon was a strategy consultant with Bain & Co and Kalchas. He also founded Rave Technologies, a software business that services clients across a wide range of industries. Simon sold this business to Northgate IS PLC in 2006, delivering a 32% per annum return to Rave’s principal investor. Simon graduated from Bristol University with a 2:1 in Economics.


TBC

The final speaker will be confirmed shortly

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