Lucerne Capital Management, Lp

Lucerne Capital Management, L.P. is an investment firm specializing in fundamental, bottom-up stock selection with a focus on European markets. Lucerne's expertise is a combination of four decades of experience in European equity research and a repeatable private equity investment style with tactical trading around value dislocations. The portfolio managers, Pieter Taselaar and Thijs Hovers, invest in European equities where they can capitalize on inefficiencies that result from reporting lags, inadequate analyst coverage, misunderstood trade and fiscal policies, changing industry dynamics and changes to the competitive landscape.