Overview
Overview of the Firm
Monterone Partners LLP (“Monterone” or the "Firm") is an investment adviser registered with the SEC
under the Investment Advisers Act of 1940, as amended (“Advisers Act”). The Firm is a Limited Liability
Partnership established in July 2014 under United Kingdom law. Monterone is based in London, United
Kingdom, where it has been authorised and regulated by the U.K. Financial Conduct Authority since April
2015. The Firm registered with the SEC as an investment adviser in July 2017.
The Firm is owned by Markus Taraba via a parent entity, Monterone (UK) Limited.
Advisory Services
Monterone is a long-term, concentrated investment manager focused on Western European listed
equities. Monterone seeks to generate attractive returns while minimizing the risk of permanent capital
impairment. The Firm’s investment approach encompasses in-depth, fundamental research, similar to
the due diligence process employed in private equity transactions. Monterone acquires stakes in
companies that have sustainably high returns on capital, resilient cash flows and strong growth prospects,
but are temporarily trading at a discount to intrinsic value. As a long-term owner, Monterone seeks to
have an active dialogue with management and provide constructive input.
Monterone provides advisory services to private funds and Separately Managed Accounts (“SMAs”
together the
“clients” or “accounts”).
Monterone manages each fund in accordance with the investment objectives outlined in each fund’s
private placement memorandum and governing documents. Investment advice is provided directly to
each fund and not to individual limited partners or investors.
The Firm has discretionary mandates in place for the private funds, including its flagship fund, the
Monterone Partners Master Fund Ltd (together with the Monterone Partners Equity Fund Ltd and the
Monterone Partners Equity Fund LP, the “Fund”) as well as one other private fund to which it is the sub-
advisor.
The Firm has discretionary mandates in place for five SMAs. The Firm manages the SMAs in accordance
with negotiated guidelines and restrictions regarding investments and other investment criteria. These
guidelines and restrictions are reflected in the separately managed account agreements between the Firm
and the SMAs.
Monterone has established procedures and controls to help ensure compliance with each client’s
investment guidelines and any client-imposed restrictions.
Assets under Management
As of the date of this brochure, Monterone manages approximately $246,680,421 in discretionary assets.
Discretionary assets are those over which we have full authority to make investment decisions.
Monterone does not manage any non-discretionary assets.
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