
Report August 2021
Monthly reportsDuring August the Pareturn Columbus European MidCap Equity Fund rose by 3.23%, surpassing the 1.99% return of the STOXX 600 index. Over the past six months the Fund has risen by 18.7%, and by 33.2% over the past 12 months. Since inception in…

ZOOPLUS agrees €3bn private equity takeover – Effect on Columbus fund
UpdatesOn Friday last week (13th August) our position in Zooplus, the German online pet supplies retailer, soared by 40% to €390 per share on news that management had agreed a €3bn all-cash takeover bid by US Private Equity group Hellman &…

Interpump SpA – Holding Update
Holding reports
Price
€52.70
Market Cap
€4.8bn
PE FY2022
25.2x
EV
€5.0bn
EV:Sales
3.5x
DY
0.6%
EBITDA Margin
23%
A COLUMBUS TOP 5 HOLDING
Both Pedro and I have known Interpump for well over…

Report July 2021
Monthly reportsDuring July the Pareturn Columbus European MidCap Equity Fund rose by 5.93%, well above the 1.96% return of the benchmark STOXX 600 index. Over the past six months the Fund has risen by 17.8%, and by 39.8% over the past 12 months. Since inception…
Wikimedia CommonsAdecco Bid for Akka Technologies
UpdatesOn Wednesday this week (28th July) our position in Belgium’s Akka Technologies soared by 95 % on news that management had agreed a takeover bid by Adecco Group, the Swiss recruiter, for €49 a share. The offer values Akka at an enterprise…

Report June 2021
Monthly reportsDuring June the Columbus Fund fell by 0.4%. Over the past six months the Fund has risen by 7.52%, and by 30.87% over the past 12 months. Since inception in June 2008, Columbus’ return has been 148.56%, comfortably exceeding the broad European…

