Public Market Investment
Long-term value investing in the public market
Pinehill Partners Fund
Pinehill Partners Fund commenced trading in March 2011 to manage the liquid net worth of our partners. Our objective is to deliver good risk-adjusted return through a research focused and business oriented investing process in publicly listed equities and bonds.
We focus primarily on Asia-Pacific markets, applying rigorous fundamental analysis and maintaining a long-term investment perspective with emphasis on safety and defensiveness.
Fund Details
How We Approach Investing
Our investment philosophy is built on value investing principles with a focus on research and safety.
We buy companies trading well below intrinsic value, backed by durable cash flows and sound fundamentals.
Every position starts with deep fundamental work—financial models, channel checks and on-the-ground insights that build true conviction.
Capital preservation comes first. We emphasise strong balance sheets, resilient earnings and a clear margin of safety.
Pinehill principals are among the fund’s largest investors, keeping our incentives fully aligned with our partners’.
When attractive ideas are scarce, we are happy to hold cash rather than force capital into marginal opportunities.
We deliberately avoid leverage, maintaining a conservative risk profile throughout the market cycle.
What We Look For
We seek businesses with simplicity, predictability, and strong management.
Investment Focus
- Focus on publicly listed equities and credits
- Invest in simple, predictable and defensive companies
- Target industry leaders or niche businesses
- Prefer catalyst driven situations
Management Quality
- Align with trustworthy and shareholder friendly management
- Strong track record of capital allocation
- Transparent communication with shareholders
- Long-term oriented business strategy
Investor Statement
Investor Statement and Service Providers
Service providers include:
- • Ernst & Young as auditor
- • CitiBank as custodian
- • Citi Fund Services as administrator and transfer agent
Current investors may login to access the latest statement and investment portfolio through our administrator's investor portal.
CitiDirect Securities ReportingLearn More About Our Approach
Discover how our value-oriented public market strategy can help achieve your investment objectives.