Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” January 2025 investor letter. A copy of the letter can be downloaded here. January was a strong month for the fund, fueled by excellent results from several of portfolio companies. The Fund returned 7.3% net of fees and expenses for the month compared to 2.6% for its benchmark. Since its inception in December 2017, the Fund has returned 19.3%, in annualized terms, compared to 12.8% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the...
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