Paul R. Moore founded PM Capital Limited in 1998 and serves as Chairman and Chief Investment Officer, bringing over 35 years of investment experience. He is supported by co-portfolio managers Kevin Bertoli and John Whelan, forming a stable leadership team with significant tenure. The management team demonstrates exceptional alignment with investors, with portfolio managers investing approximately 80% of their net investable funds in the strategies they manage. Key operational personnel include Graham R. Hook as Chief Compliance Officer/Secretary since October 1998 and Peter J. Simpson as Chief Financial Officer since September 2003. In December 2023, PM Capital became a wholly owned subsidiary of ASX-listed Regal Partners Limited while maintaining its investment philosophy and management structure.

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PM Capital's investment philosophy centers on finding and exploiting investment anomalies around the world through fundamental, bottom-up research. The fund employs a concentrated, conviction-driven approach, typically holding 25-45 global companies that are believed to be trading at prices different to their intrinsic values. The investment process emphasizes long-term inflection points including industry consolidation, severe cyclical downturns, and perceived structural changes. The approach is benchmark unaware with no geographic or sector constraints, investing purely on risk/reward merit. The philosophy emphasizes patience and conviction over short-term market sentiment, with management believing that all great investments are questioned or ridiculed at the time of purchase.

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