Crystal Gems Fund

We aim to select 25-30 attractive quoted companies within the European small-cap space, while controlling portfolio risk and creating diversity in terms of industries and geographies. Our focus is to identify companies that meet the qualitative Crystal Gems investment criteria of dominance in their market niches, limited competition, good management, and constant innovation. We look for companies with high returns on capital employed, stable or growing margins, and cash generative characteristics. Our in-depth analysis focuses on the target company and its ecosystem (including clients, competitors, and suppliers) to understand all relevant opportunities and risks. Regular meetings with company management and monitoring of company results are also part of our investment process.