ABOUT US

We are a dedicated and driven team supported by world-renowned investor Francisco García Paramés

Overview

SEIZING GLOBAL OPPORTUNITIES

We scour the globe seeking undervalued securities in order to build a unique portfolio

Our goal is to establish an open and involved partnership with our clients. We seek investors who believe in our value philosophy, our rigorous fundamental investment process and want to invest like long-term business owners.

We are influenced by great investors such as Benjamin Graham, Warren Buffett, Seth Klarman, and Joel Greenblatt. We greatly respect and admire our partner Francisco García Paramés and his unique and successful investing approach. In addition, we are alumni of the London Business School Value Investing course taught by Eddie Ramsden, a former Adjunct Professor at Columbia Business School and fund manager backed by Joel Greenblatt.

Palm Harbour Capital LLP is a United Kingdom Limited Liability Partnership based in London, which is authorised and regulated by the Financial Conduct Authority. The Founding Partners are Peter Smith, CFA, a former analyst at Cobas Asset Management SGIIC, and Santa Comba Gestion SL, the holding company of Francisco García Paramés. Mr. Paramés was the Chief Executive and Chief Investment Officer of Bestinver, a Madrid-based asset management company for over 25 years. He built Bestinver from a small Spanish portfolio to a global value power-house with over €10 billion AUM through outstanding returns. He is currently the Founder and Chief Investment Officer of Cobas Asset Management SGIIC.

Portfolio Manager

PETER
SMITH, CFA

MANAGING PARTNER

Peter is the Portfolio Manager and Chief Investment Officer. He graduated Magna Cum Laude from Texas Tech University with a BBA in International Business with a focus on Finance and German. He has a Masters in Finance with a focus on Investment Management from London Business School. He has extensive experience analysing and investing in companies. Before founding Palm Harbour Capital, he worked for over two years closely with the highly respected value investor Francisco García Paramés.

Beliefs

We will operate with integrity and prudence

We will treat your investment as if our own

We will remain significant investors alongside you in the fund

We will focus our time on the portfolio not marketing

We will attempt to keep fees and other transaction costs low

We will communicate with our partners as transparently as possible

We will close the fund to new investors if closing would benefit our existing partners

We will manage the portfolio following our long-term, value-orientated, research-driven investment philosophy

WHY A PALM?
WHY A HARBOUR?

Palm trees can live thousands of years and withstand brutal hurricanes. They represent both growth and strength.

Harbours are safe places to ride out storms. They represent protection of capital in turbulent times.

  • “The intelligent investor is a realist who sells to optimists and buys from pessimists.”

    Benjamin Graham
  • “We want to sleep soundly, and we want the people who have placed their trust in us to sleep well too.”

    Francisco García Paramés
  • “Successful investors tend to be unemotional, allowing greed and fear of others to play into their hands. By having confidence in their own analysis and judgment, they respond to market forces not with blind emotion but with calculated reason.”

    Seth Klarman
    Terms and conditions
    12 Hammersmith Grove First Floor 117, London, W6 7AP, UK

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