Investment process

We look for companies that can create stable value and that are undervalued for temporary reasons.

The cornerstone of our investment process is the fundamental analysis of a company. We carry out in-depth research considering the following factors:

We analyse the business and the sector in which the company operates, paying special attention to its structural growth, regulatory framework, level of concentration of customers, suppliers and competitors. All these variables will indicate the pricing and market power of the company.

Dibujo de bombilla sostenible de NAO

We analyse the quality of the business, its historical evolution and potential strength and weakness. We invest with a purely entrepreneurial approach.

We analyse the quality of the business, its historical evolution and potential strength and weakness. We invest with a purely entrepreneurial approach.

Dibujo de bombilla sostenible de NAO
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We constantly evaluate how the macroeconomic environment can influence the businesses in which we are invested.

Our job is to preserve and increase our clients' savings, for them to enjoy their future wealth at ease.


As we are invested in our funds, we invest our client´s money as if it were our own.


A comprehensive investment approach must integrate sustainable and financial criteria. Those companies capable of promoting solutions, goods and services in a sustainable manner will be the winners in the mid and long term. The implementation of sustainable variables in the valuation method helps to complete the financial and fundamental information of a company.