Evora Capital prioritises detailed research to leverage the academic prowess of its members. Our focus on small-cap renewables with little professional coverage thus lends us a considerable edge.

Teams of partners and analysts begin by collaborating to form rigorous investment pitches delivered at weekly meetings, incorporating significant primary and secondary research to complement valuation and qualitative business analysis.  

We believe outsized impact, much like outsized returns, are found via high-conviction, contrarian investment theses that have the grounds to differentiate from the existing consensuses on price or potential. Only these ideas progress further. 

During the weekly meetings, invested partners stress-test all proposed ideas and openly discuss their opinions before a vote is undertaken. The green light is only given to trades that receive majority vote of all partners.

Once a trade is approved, it is delivered to the portfolio committee who will deliberate on the the sizing of the position based on existing exposures. Due to volatility in the small-cap space, managed risk exposure is key. As a long-only equities fund, Evora targets an overall net exposure of 25-75% at any point in time.