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
In the third quarter of 2025, we added one company to the International Small Company Fund, JTC plc.
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
- CRISIL LimitedSep 2025CRISIL Limited is India's leading credit rating and analytics provider with a capital-light business model, dominant market share and structural tailwinds.
- JTC plcSep 2025JTC plc is a global fund administration and private trust services leader with high recurring revenues, strong organic growth and margin resilience.