"Focused on Providing Attractive Risk-adjusted Returns..."

Investment Process

Our investment philosophy is singularly focused on providing attractive risk-adjusted returns with a particular emphasis on capital preservation. We believe in investing, not benchmarking. Active decisions and non-consensus positioning are often a crucial aspect of achieving our goals, while challenging conventional wisdom serves as the backbone of our research process. A key differentiator of Bienville is our intense focus on the quality of returns in our portfolios and the risk required to generate them.

Our view is global and encompasses multiple asset classes. Our research is geared towards developing both tactical and secular themes.

For security selection, we generally utilize independent investment managers employing value-oriented strategies. During our manager selection process, we search for uniquely-talented investors with unparalleled fundamental research capabilities. Character, transparency, integrity, independent thinking and a passion for learning and investing are prerequisites for consideration.

We believe managers should concentrate their best ideas, rather than excessively dilute them. In order to avoid unwanted concentration and control risk, we utilize asset class and manager diversification, as well as an internal overlay strategy.