Aquitania invests across the capital structure in a manner that is nimble and opportunistic. We identify investment opportunities by conducting thorough, bottom-up, fundamental due diligence of the securities of companies we believe are experiencing a dislocation in value due to complex, misunderstood events and situations which can be researched and analyzed. Aquitania filters those opportunities to select a limited number of liquid investments which we believe will generate attractive risk-adjusted returns with a focus on capital preservation.
We believe that inefficiencies in the public markets can cause meaningful disparities between the trading value and true value of various securities. We apply a systematic approach to determine the intrinsic value of a security, and we seek to identify catalysts to explain why the security is mispriced and anticipate events or circumstances likely to cause the market to realize the security’s embedded value. Our method of analysis is rooted in intensive fundamental research. To further explain, the key elements of our strategy and methods of analysis are: