23 April 2025
Langdon Equity Partners launches UCITS Fund, establishes international presence
Specialist global smaller companies investment boutique, Langdon Equity Partners
(Langdon), is pleased to announce the launch of the Langdon Global Smaller Companies Fund – UCITS (the Fund) and the establishment of an international presence.
The new UCITS Fund, provides investors in several U.K., European, and Asian jurisdictions access to Langdon’s Global Smaller Companies strategy, a concentrated, high conviction portfolio of 25-40 small companies listed on developed market exchanges.
The Global Smaller Companies Strategy, which currently has US$300.0 million in invested assets, aims to outperform the MSCI World Small Cap Net Index. Since inception in June 2022, the Global Smaller Companies Fund (AUT) has delivered a total return of 14.3%1 per annum after fees, outperforming the Index by 7.8%1 per annum and the MSCI World Index by 1.0%1 over the same timeframe.
“The London office and the launch of a UCITS Fund are both a natural extension of our global investment strategy, one that has continued to develop in both scale and sophistication,” said Greg Dean, Langdon’s Founder and Lead Investor. “Our growing presence in the region, unlocks important access to investment opportunities – and allows us to build relationships with clients, management teams and companies much more consistently than we could making 6-8 trips per year as we have over the last decade or so.”
“Global small cap, as an asset class, was in its infancy 10 years ago when we launched this strategy at my predecessor firm. We saw it as a fruitful hunting ground to exploit and we believe we have proven skilled at extracting alpha from the large and inefficient universe of listed companies under US$10B while delivering strong absolute returns. Our portfolio will be positioned in companies that we believe have strong fundamentals and will continue to deliver cashflow growth of 10-15% per share over the cycle. We also believe combining global small caps with either global large caps or regional mandates may improve diversification and enhance long-term returns.”
Based in Toronto, Canada, Langdon Equity Partners was founded in 2022 by Greg Dean who earlier resigned from his role as a Partner and Portfolio Manager at Cambridge Global Asset Management.
The boutique has grown to now employ five investment professionals who manage over US$300 million invested across global and Canadian small cap strategies.
Langdon is majority owned by its investment team, and supported by multi-affiliate investment management group, Pinnacle Investment Management (PNI.AX). With offices in the United Kingdom, United States, Canada, and Australia, Pinnacle provides distribution and fund infrastructure support to Langdon.
1 Performance numbers sourced directly from Bloomberg in USD for the Global Smaller Companies Fund (AUT). Since inception (June 27, 2022) until April 15, 2025
Important Information:
DISCLAIMER
This media release is prepared by Langdon Equity Partners. Content in respect of the Langdon Smaller Companies Fund (ARSN 657 901 614 (the Fund) is issued by Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238 371 (‘PFSL’) as responsible entity of the Fund. PFSL is not licensed to provide financial product advice. It contains general information only. It is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so.
Past performance is for illustrative purposes only and is not indicative of future performance.
While Langdon Equity Partners Limited (‘Langdon’) and PFSL believe the information contained in this communication is reliable, no warranty is given as to its accuracy, reliability or completeness and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Langdon and PFSL disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. This disclaimer extends to any entity that may distribute this communication.
FOR AUSTRALIAN CLIENTS:
The Product Disclosure Statement (‘PDS’) and Target Market Determination (‘TMD’) of the Fund are available via the links below. Any potential investor should consider the PDS and TMD before deciding whether to acquire, or continue to hold units in, the Fund.
Link to the Product Disclosure Statement: here
Link to the Target Market Determination: here
For historic TMD’s please contact Pinnacle Client Service Phone 1300 010 311 or Email service@pinnacleinvestment.com
FOR CANADIAN CLIENTS:
Important information about each Langdon mutual fund is contained in its prospectus, AIF, fund facts document and in its management report on fund performance. Any potential investor should review these documents prior to making any investment decision relating to such fund. You can view copies of these documents by following the links below:
Link to the Langdon Global Smaller Companies Portfolio Disclosure Documents: here
Link to the Langdon Canadian Smaller Companies Portfolio Disclosure Documents: here
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