Philosophy

Principles

Capital is patient

— and deserves patient decision‑making. We design portfolios to endure cycles, not to chase them.

Independent thinking

— we seek value where perception and fundamentals diverge.

Alignment

— incentives and transparency matter; they drive behavior and outcomes.

Risk first

— drawdown awareness, liquidity mapping, and governance before return targets.

Investment Beliefs

Quality & value: sustainable cash generation at a sensible price.
Compounding: reinvestment at returns above the cost of capital is the engine of long‑term wealth.
Alternatives as complements: private markets can add persistence and diversification when governed well.
ESG & stewardship: integrated where financially material to risk/return.

SASU PELLEAS CAPITAL

20 Rue de Saint‑Pétersbourg, 75008 Paris