BDL Capital Management was founded in 2005 by Hughes Beuzelin and operates as an independent French asset management company managing approximately €3.9 billion in assets. The firm employs one of the largest analyst teams among independent French asset managers with 17 sector experts who organize nearly 1,000 company meetings annually. The company has expanded internationally with offices in Madrid and Geneva, serving institutional clients, private banks, and wealth management advisers across Europe. BDL emphasizes employee alignment through ownership, with employees reinvesting significant portions of their remuneration in the funds they manage for clients. The firm maintains a strong societal commitment through the BDL S'engage association and has received industry recognition including silver trophy as best management company in the 1-5 billion euros assets range.

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BDL Capital Management believes that 'there is no better investment than companies' and that over the long term, equity markets are the most rewarding asset class as the only one to offer both yield and growth. The firm adopts a rigorous active management approach based on long-term investment and concentrated portfolio selection, without yielding to market trends. They do not follow trends, do not buy share prices, do not invest in indices, but select companies one by one. Investment decisions focus on assessing normative free cash flow compared to enterprise value, aiming to invest only when an attractive yield with a margin of safety is present. The firm favors companies with sustainable cash flow and profitable investments thanks to strong barriers to entry, such as patents, licenses or market share.

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