Monterone invests in the highly fragmented European market, which is more inefficient than the U.S. given that (i) most large fundamental Europe-based funds are now global and closed to new capital, (ii) fund formation has prioritized liquid & low net strategies, and (iii) the start-up environment in Europe is much less active for cultural and regulatory reasons.
Monterone forms a nuanced view of industries and companies by conducting extraordinarily deep research that leverages local knowledge and industry relationships, including unique access to private businesses. The team’s multicultural European heritage and fluency in the four main European languages enhance management engagement and increase the effectiveness of constructive activism when compared to similar efforts by non-Europeans.
Founder and Portfolio Manager Markus Taraba was previously a Managing Director at Davidson Kempner with prior roles at Citadel and Morgan Stanley Investment Banking, all in London. Learn more about Monterone.