Pieter Taselaar is the Founder and Portfolio Manager of Lucerne Capital Management. Lucerne, founded in 2002, specializes in fundamental, bottom-up stock selection with a focus on mid-cap European markets.
“The greatest opportunities appear when everything looks the darkest, you don't see any light at the end of the tunnel. Still, stick to the game plan, do not diverge from it.
I started off as a lawyer, it was not very creative or exciting, but I always had an interest in finance and value investing. The initial goal was to set up an equity brokerage business selling European equity. Realizing that public equity investors were driven by what research sell-side analysts told them, I immediately thought that this would be a fantastic opportunity to apply in the inefficient European market.
The opportunity set is everywhere, particularly in continental Europe because it is such a complex area.
Whenever you see complexity, there is confusion and anomalies. People are scared to get involved. It's challenging but also provides opportunities.”
Pieter Taselaar, Co-Founder and Portfolio Manager
+1 203 - 983 - 4490
Founded in 2000, Lucerne Capital Management is an SEC-registered alternative investment firm specializing in fundamental, bottom-up stock selection with a focus on mid-cap European markets. The investment philosophy reflects a private buyer’s perspective of owning high-quality, sustainable assets at attractive prices for the long run.
Welcome to PrimeAlpha's interview series where we will share insights from industry practitioners discussing their journey and their discoveries.
Check us out on these platforms