Investment Strategy

The concept invests into Indian entrepreneurs with adequate skin in the game who have demonstrated high standards of governance, vision, execution, wisdom, capital allocation and capital distribution skills. They run businesses that are amongst the highest long-term earnings growth.

Investment Philosophy

Size of the opportunity

  • Size of the pond vs size of fish
  • Dominance, Resilience & Liquidity

Earnings Growth

  • Quantum, Consistency & durability
  • Predating (Early vs Later)
  • Compounding Power
IEP Investment Attributes

Quality of Business

  • High Quality of businesses (superior ROCE)
  • Strong Moat, Impregnability
  • Sustainability

Value

  • Favorable Price-Value Gap
  • Margin of Safety

Prateek Agarwal (Business Head & CIO)

Mr. Prateek Agarwal holds a bachelor’s degree in engineering from Regional Engineering College, Rourkela, Sambalpur University and a postgraduate diploma in management from the Xavier Institute of Management, Bhubaneshwar. He has several years of experience relating to finance and equity management and was previously working as the vice president and head of research at SBI Capital Markets Limited. He has also worked with Bharti AXA Investment Managers Private Limited and ABN AMRO Bank Asset Management (India) Limited.