Insights

Letters from the office.

Occasional notes from our investment team — on markets, mandates, and the businesses we admire.

Letters

The Case for Patient Capital in 2026

Why generational horizons outperform fund cycles.

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Memos

MENA's Decade: From Oil to Operators

The next wave of regional champions emerging from the GCC.

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Memos

Esports Is No Longer Optional

Why digital culture has become a permanent allocation.

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Letters

AI Infrastructure: The Real Picks & Shovels

Where we're placing direct technology bets.

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Memos

Real Estate in a Higher-for-Longer World

Reframing yield, duration and currency exposure.

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Letters

On Building an Office That Lasts

Notes on governance, succession, and discretion.

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