Millingtonia Capital
Research-driven fundamental equity India fund
Who We Are
Millingtonia Capital is an India focused research-driven public equity fund. The fund takes concentrated, long-term positions and focuses on primarily mid-cap stocks with high discovery value. A key focus area for the fund is the “once in a generation” digitalization and technology transformation taking place in India. Its principals have extensive international and India investing experience and have invested behind digitalization and technology transitions in other global markets.
Our Approach
Target Universe
Extensive travel to find undiscovered businesses with limited sell-side coverage. Mid and small cap focus.
Global + Local
We like businesses where a global parallel is amplified by local India context. Global and India experience uniquely positions us to find these investments.
Research Intensive Diligence
Diligence processes refined at top private equity firms and hedge funds. Value primary research to confirm our theses and monitor our positions.
Our Differentiation
Pattern Recognition
We have invested in the US, Europe, Russia, Brazil, Japan and other geographies on themes now playing out in India.
Pattern Recognition
We have invested in the US, Europe, Russia, Brazil, Japan and other geographies on themes now playing out in India.
Portfolio Construct
Concentrated portfolio of small and mid-cap stocks with high discovery value comprise majority of exposure.
Portfolio Construct
Concentrated portfolio of small and mid-cap stocks with high discovery value comprise majority of exposure.
World Class Tool Set
Managing Partners have over 40 years of combined experience at firms such as Bain Capital, Blackstone, Jericho Capital, JP Morgan and UBS AG.
World Class Tool Set
Managing Partners have over 40 years of combined experience at firms such as Bain Capital, Blackstone, Jericho Capital, JP Morgan and UBS AG.
Offshore Structure
Among the first few public investment funds to be approved to operate from GIFT City. Tax advantaged for non India resident target investor base.
Offshore Structure
Among the first few public investment funds to be approved to operate from GIFT City. Tax advantaged for non India resident target investor base.
Patient Capital
Long investment horizon. Board level experience in both India and the US. Viewed as partners by portfolio management teams.
Patient Capital
Long investment horizon. Board level experience in both India and the US. Viewed as partners by portfolio management teams.
Top Service Providers
Top tier service providers for custody, fund accounting, audit and taxation. Fully electronic trade reconciliation and settlement.
Top Service Providers
Top tier service providers for custody, fund accounting, audit and taxation. Fully electronic trade reconciliation and settlement.
Managing Partners
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