Katko Capital’s origins
Guillaume Dalibot, after 20 years as an analyst and then fund manager with leading players (Crédit Suisse, Alken, La Financière de l'Échiquier), decided in 2019 to launch his own asset management company.
He shared his plans with his father.
For 30 years, Denis Dalibot was involved in the takeover and financial management of the LVMH group alongside Bernard Arnault, and also managed the latter's personal assets.
However, wishing to reinvest his savings, he was not convinced by existing solutions.
Both agreed on one strong conviction: long-term ownership of exceptional companies generates the best stock market performance as long as their operational performances remain outstanding.
Their convergence and complementarity, between the stock-picking expert and the corporate leader, gave birth to Katko Capital.
The steeplechase analogy
Katko was a steeplechase horse. One of the best of all times. Elegant and enduring, he won three consecutive Grand Steeple-Chase de Paris in 1988, 1989 and 1990.
We find many analogies with the steeplechase in our approach to investing.
Investing in equities is a long-term commitment, providing capital to exceptional companies. Companies which, thanks to their competitive advantages and adaptability, will create and grow value over the long term, while overcoming cycles, crises and a constantly changing environment.
In the same way that steeplechase runners face a gruelling, never-ending track. Lined with massive hurdles and rivers to cross. And where, in the end, only a few cross the line.
We are proud to enter the race with this model. And we are convinced that our process identifies those rare companies that will enable our portfolios to outperform in the long term.