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Kathmandu Capital

Mar 2025 → Jun 2026 · Publishes quarterly · 2 funds

Our archive holds 6 letters from Kathmandu Capital, behind 4 investment theses and positions in 2 companies. Every quote below is copied verbatim from the letter it came from.

Kathmandu Capital’s own letters page
6
Letters
2
Companies
0
Moves
4
Theses

Companies held · 2

Every company Kathmandu Capital has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 4

  • December 2025

    Vicor Corporation is a leading high-performance power module maker positioned to benefit from AI-driven HVDC adoption with significant margin expansion and multi-year customer programs.

    Read the full thesis
  • September 2025

    Kaspi is undervalued compared to peers but shows strong growth potential with its expansion in Turkey and upcoming acquisition of Robobank.

    Read the full thesis
  • June 2025

    Poised to ride China’s semiconductor self-sufficiency drive, ACM Research offers explosive upside through market share gains, valuation arbitrage, and a protected U.S. listing that unlocks asymmetric growth potential.

    Read the full thesis
  • Grupo Aeroportuario Centro Norte, S.A.B. de C.V. (OMAB.NASDAQ) is a leading Mexican airport operator with a strong cash flow model, significant barriers to entry, and potential for favorable terms in its upcoming Master Development Program renewal.

    Read the full thesis

Letter archive · 6

Funds · 2

  • Kathmandu Capital5
  • Kathmandu Partners, LP1

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