Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” November 2024 investor letter. A copy of the letter can be downloaded here. November was a strong month for the fund, fueled by excellent results from several of portfolio companies. The Fund returned 8.0% net of fees and expenses for the month compared to 4.3% for its benchmark. Since its inception in December 2017, the Fund has returned 221.0% compared to 124.7% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund’s top five...
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