Investor Summary

Wayne Jones, CPA, serves as Co-Founder and Chief Investment Officer at Ganes Capital Management, bringing over two decades of investment experience since establishing the firm in January 2002. Jones holds a Bachelor of Business (Accounting), is a certified CPA, and possesses a Graduate Diploma of Applied Finance. His background includes extensive experience as a business owner and senior finance roles in the private healthcare sector. Notably, Jones worked as a freelance analyst for The Intelligent Investor between 2001 and 2005, specializing in the small company sector. He resides in Brisbane, Queensland, and maintains significant personal investment in the fund, ensuring strong alignment of interests with fellow investors. His practical business ownership experience provides deep understanding of operational fundamentals that enhance investment decision-making.

Read More

Fund Strategy

Ganes Capital operates under a foundational philosophy of investing as business owners rather than speculators, emphasizing long-term wealth creation through patient capital allocation. The fund seeks to identify growing, profitable, well-managed companies with strong balance sheets that can be purchased at prices expected to yield above-market returns over periods of five or more years. The investment approach particularly emphasizes founder-led businesses and management teams with demonstrated capital allocation skills. The fund follows a low-activity investing approach, typically introducing only one new investment idea annually, reflecting deep conviction and thorough research processes. The concentrated portfolio strategy focuses on quality companies available at reasonable valuations, offering opportunities for capital growth through earnings expansion.

Read More

FUND PERFORMANCE AS OF 31st December 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
11.0% -6.7% 4.7%