This website contains information about Karst Peak Capital Limited and the products and/or funds offered by Karst Peak Capital Limited. The information contained within this website is only intended to be accessed by investors qualified to invest in private pooled investment vehicles under the applicable regulatory requirements. Such persons include investor(s) who qualify as a “qualified investor” or similar as defined in the applicable jurisdiction and who is allowed to invest in private pooled investment vehicles offered by Karst Peak Capital Limited under the relevant laws and regulations of the applicable jurisdiction. Specifically, if you are resident in Hong Kong, you are required to confirm that you are a “Professional Investor” as defined under Cap 571 of the Securities & Futures Ordinance of the laws of Hong Kong. 

Karst Peak Capital Limited is not utilising this website to provide investment advice or strategies, and nothing on this website is to be deemed a recommendation that you buy, sell or hold any security or other investment, or that you pursue any investment style or strategy. The investment and strategies discussed hereon may not be suitable for all investors and are not obligations of or guaranteed by Karst Peak Capital Limited. 

The information provided on this website should not be considered an offer or solicitation to deal in any of the investments mentioned herein, by anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. Those who access this website do so on their own initiative and are therefore responsible for observing all applicable laws and regulations of their relevant jurisdictions before proceeding to access the information contained herein.

The private pooled investment vehicles referred to on this website are exempt from registration in applicable jurisdictions, specifically pursuant to the exemptions outlined under the U.S. Investment Company Act of 1940. Furthermore, shares in such private pooled investment vehicles are only intended for and available to certain accredited, sophisticated, and/or professional investors pursuant to Regulation D under the U.S. Securities Act of 1933, as amended, Hong Kong Securities and Futures Ordinance and subsidiary legislation, and similar laws in other jurisdictions, as applicable.

The information provided on the Karst Peak Capital Limited website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country that would subject Karst Peak Capital Limited or its affiliates to any registration requirement within such jurisdiction or country.

While Karst Peak Capital Limited takes reasonable care to ensure that the information on this website is accurate and up to date at the time of publishing, the information on this website is provided on an "as is" and “as available” basis without any representation or warranty of any kind, express or implied, or an guaranty or assurance this website will be available for use or that all information, content, materials, products, features, functions or operations will be available or perform as described. Karst Peak Capital Limited does not warrant that any part of the website will operate uninterrupted or error-free or that defects will be corrected. Karst Peak Capital Limited does not warrant that the website, information, content, materials, products, or other services included on or otherwise made available to you through the website or electronic communications sent from the website are free of viruses, malicious code or other harmful components. You expressly agree that your use of this website or reliance upon any of the materials on the website is at your sole risk. 

Karst Peak Capital Limited shall not be liable for any losses or damages relating to adequacy, accuracy or completeness of any information on this website or the use of such information. All information contained herein may be changed or amended without prior notice. Also, Karst Peak Capital Limited is not responsible for any errors or omissions relating to information provided by any third party. Karst Peak Capital Limited is not responsible for any damaged or injury, including but not limited to direct, indirect, incidental, special, punitive and consequential damages, that result from your use of (or inability to use) this website, or from any information, content, materials, products or other services included on or otherwise made available to you through the website, including any damages or injury caused by any failure of performance, error, omission, interruption, defect, delay in operation, computer virus, line failure, or other computer malfunction.

Investment involves risks. The fund does not give any guarantees. Past performance is not a reliable indicator of future performance. Karst Peak Capital Limited does not guarantee the performance of any Karst Peak Capital Limited fund(s), the return of an investor’s capital nor any specific rate of return. Value of investments can go down as well as up. Prior to investing, please refer to the offering documents together with the current financial statements of the relevant fund, if available, and the relevant subscription application, all of which must be read in their entirely for details including risk factors. You should ensure you fully understand the risks associated with the investment and should also consider your own investment objective and risk tolerance. 

The information on this website is being provided strictly for informational purposes only and nothing on this website constitutes a distribution, solicitation, invitation, recommendation, offer or investment advice to purchase a product offered by Karst Peak Capital Limited or any Karst Peak Capital Limited funds or be used as a basis for making any investment or commercial decision. This website does not have any regard to the investment objectives, financial situation and particular needs of any specific person. You should at all times seek advice from an independent financial adviser and obtain independent verification of the information or data contained herein before making any decision based on such information or data. To the maximum extent permitted by law, you agree to indemnify, defend and hold harmless Karst Peak Capital Limited, its members, licensors, officers, directors, employees, agents, trustees, subsidiaries, parent companies and affiliates (the “Indemnitees”) from and against all third party complaints, charges, claims, losses, expenses, damages, costs, liabilities and expenses (including, but not limited to, reasonable attorneys’ fees) due to, arising out of, or relating in any way to: (a) your access to or use of this website and (b) your breach of this Agreement, in each case unless caused by such Indemnitee’s misrepresentation, gross negligence, wilful misconduct or fraud. The products and/or funds mentioned in this website have not been registered or qualified with, nor approved or disapproved by any regulatory authority, nor has any regulatory authority vetted upon the accuracy or adequacy of the information provided herein.

Investment Approach

Investment Philosophy

Our goal is to build a concentrated portfolio of high-quality businesses that can compound value over a long period of time. These companies should be run by passionate management teams with skin in the game. We believe the most important factor to determining business quality is assessing barriers to entry—the depth and width of the moat around the business—which ultimately will determine the return on invested capital of the company. The ideal investment will have a high ROIC and a long runway to continue re-investing at those high rates of return.

Size and Sector Focus

Karst Peak focuses on investments in the consumer, healthcare, and technology sectors. We are bottom-up investors and like to dig deep in our due diligence process. As a result, we tend to avoid highly macro-sensitive and commodity-sensitive sectors and stick to businesses where a talented management team can influence outcomes. While we are ultimately market-cap and size agnostic, we have an affinity for small/mid-cap companies, where we are most likely to identify opportunities with significant long-term upside.


We spend a significant amount of time focused on investment opportunities in Australia and New Zealand. These markets have produced some of the world’s best performing companies in recent years, yet are off the radar of many global investors. Our particular focus is on companies based or listed in Australasia that generate a significant proportion of their current or future revenue overseas. Given the relatively small population across Australia and New Zealand, companies that find success overseas can increase their addressable market by an order of magnitude. We believe Karst Peak is well positioned to identify and diligence these types of companies given our team’s experience investing across North America, Europe, Asia, and Australasia over the past twenty years. We have team members in Hong Kong and Sydney to analyze these investment opportunities from multiple angles.