Castellain Capital
About Us
Castellain Capital was founded in 2009 and today manages two funds, the Castellain Value Fund and the Castellain Income Fund.
Our research is independent, fundamentals-driven, rigorous and conservative. We strive to identify value and to minimise risk to our investors’ capital.
The firm’s partners are significant investors in both funds. This strengthens the alignment of the firm with our investors.
Our funds are unconstrained and do not seek to track benchmarks or indexes. We believe our performance over the long-term will be enhanced without these constraints.
We also operate the free website ShortTracker which tracks disclosed short positions in UK listed shares.
Castellain Capital
Our Funds
For more details on either of our funds, follow the links below.
Value Fund
The Castellain Value Fund targets high absolute returns with a moderate risk profile. It primarily invests in the shares of closed-end funds which trade at a discount to their reported net asset values. We try to identify catalysts which will cause either the discount to net asset value to narrow or the net asset value to rise.
Income Fund
The Castellain Income Fund invests in equity and fixed income securities of typically asset-rich companies. Our objectives include the preservation of capital, distributing a cash yield greater than inflation and achieving moderate capital growth, over the medium-term, through investing in a high-conviction portfolio of stock exchange listed equity and fixed income securities.
Team
Robert Goldsmith
Portfolio Manager
Stephen Ackerman
Portfolio Manager