Vela Funds
Vela International Fund
International Mid-cap
Mar 2025 → Sep 2025
Our archive holds 2 letters from this strategy, behind 5 investment theses and positions in 5 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year — follow all of Vela Funds for every strategy.
Its investment theses
- Allfunds GroupSep 2025Allfunds Group is the largest European B2B funds distribution platform, poised for growth due to the shift towards open architecture models in the financial sector.
- Coats GroupSep 2025Coats Group is a 250-year-old leader in the global thread industry, now expanding into the footwear market with strategic acquisitions and a focus on enhancing margins for faster earnings growth.
- Fevertree DrinksSep 2025Fever-Tree Drinks is poised for a return to healthier margins, closer to 20%, following its transition to Molson Coors for US production after facing challenges that reduced margins below 10%.
- GlobantSep 2025Globant is a leading global technology service company that has significantly declined in value post-pandemic, but is poised for growth as the focus shifts from cost-efficiency to product and experience.
- JDE Peet'sMar 2025JDE Peet's is poised for significant upside potential due to falling green coffee prices and strong free cash flow, despite current challenges and a depressed stock price.