Brown Capital

Brown Capital International Small Company Fund

International Small-cap

Jun 2025 → Sep 2025

Our archive holds 2 letters from this strategy, behind 2 investment theses and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.

2 letters in a year · follow all of Brown Capital for every strategy.

What it bought and sold

  • New positionJTC plcSep 2025
    In the third quarter of 2025, we added one company to the International Small Company Fund, JTC plc.
  • ExitedFortnoxSep 2025
    We exited the position during the quarter after it completed its previously announced sale to private equity at a 40% premium to its pre-announcement share price.

Also held

Its investment theses

Every letter