About Us

Lancaster Investment Management is an independent investment partnership founded in 2007.

Lancaster employs a disciplined approach to managing concentrated, fundamental equity strategies. Our clients include endowments, foundations, charities, pension funds and family offices.

Lancaster operates out of its office in London. Lancaster Investment Management LLP is authorised and regulated by the Financial Conduct Authority (‘FCA’) in the United Kingdom and is a registered investment adviser with the United States Securities and Exchange Commission (‘SEC’). In addition, Lancaster is a Qualified Professional Asset Manager (‘QPAM’).

Philosophy

Lancaster seeks to generate superior risk-adjusted returns by investing in a concentrated portfolio of companies over a multi-year investment horizon.

All investments are underpinned by a simple, clear investment thesis supported by deep fundamental proprietary research. Emphasis is placed on understanding the drivers of a business, competitive dynamics, and sustainable long run returns on capital.

Valuation is core to our investment philosophy. We focus on returns on capital, cashflow and capital allocation.