Background
Does humanity need another fund company? Probably not. However, after extensive experience in investing and fund management, we believe the Labrusca Family Office to be the superior investment structure for long term investment results.
The Labrusca Family Office was founded in 2010 by Filip Weintraub (previously Head portfolio manager of SKAGEN Global) and three of his associates that he has worked with throughout his career:
- John Johnson, previously Crabbe Huson Group, former CIO for several financial groups including Templeton, Debrow & Vance in his 53 years long career
- Jonas Edholm, previously portfolio manager LF Capital, New York
- Omid Gholamifar, previously portfolio manager SKAGEN Global, and
Our objective is to drive absolute returns in an investment world governed by goals of relative performance. The first tenet to achieving this main objective of protecting and increasing absolute wealth is to maintain a long term perspective. We strongly believe that most investment return over time is generated through diligent and contrarian global stock picking: This according to our established and consistently applied investment philosophy.
The faithful enforcement of the same common sense approach is applied to our decisions regarding asset allocation and event-specific opportunities which can add value as well as preserve capital. We also strive to de-complicate the structure to be more efficient in producing desired returns and lower risk. To do so through the conservative use of an expanded tool box of hedging instruments helps us to minimize, hedge or avoid undesired risks: And, in more isolated instances, to take advantage of negative opportunities. These tools will always be used with caution, and not as a primary investment tool.
The roots and reputation of our investment team are grounded in global equities. Fortunately, equities are where we find the greatest, and least politically influenced, pool of investment choices. The stock markets are deep, global and liquid and have historically offered the diligent and disciplined investor unmatched wealth-creation opportunities. We believe this focus is essential to success in long-term investing.
Our investment people have up to half-century of practical and historical experience from which to draw upon from within the “family”. This reservoir of first-hand knowledge of specific enterprises, global economic realities, and the moods of the financial markets of both the present and past helps us deal intelligently with seemly incomprehensibly complex world. Today’s markets will fluctuate for the better and the worse dramatically – just look at the last two decades!
Labrusca is not looking for the holy grail of free lunches in financial markets – the fundamentals have to be right and the decision accurate. We are not obsessed or impressed with the technical tools at our disposal. The structure or system is the means to an end – absolute returns, and nothing else. The focus is economic fundamentals, and not trying to exploit derivatives or financial fashions as primary drivers of performance. In the end, common sense is what will make the crucial difference between the logic of economic value and the timing in a man-made market marked by emotion and event driven fluctuations. Also, leverage and derivatives are truly weapons of financial mass destruction when not properly used; and should be used very cautiously or not at all.
Sounds boring? Great! This is the long term design to invest our own capital and is not for everyone, or a marketing ploy promising quick returns. Our goal is to not grow rapidly. We also do not want to become so large as to compromise the intended investment strategy. The criteria is - and always will be, – “…is the money being managed as though it were our own?”
The investment people and the advisory board of Labrusca is truly an unusual group, unified by the passion for absolute returns by completely dedicated people. We come from all corners of the world, differing in terms of background and ethnicity; and ranging from youthful to having been dragged out of retirement. All the associates and advisory members of our company have a solid analytical background and experience - the goal is to deliver superior absolute returns by us as investors to you as investors.



