Investor Letters & Media Interviews

We Aim to Become Lifetime Partners with Our Investors

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Letter to Investors

Media Interviews

Capital Employed Interview

威宇&阿堯 - 一場沒有對手的競爭

Sunday’s Idea Brunch Interview w/Edwin Dorsey

今周刊 - 佛系價值投資人的220億美元修練課

財報狗Podcast - 佛系價值投資人

財報狗Podcast - 佛系投資人的220億資產管理經驗談

財報狗Podcast - 三個男子的夜晚閒聊

Value Hive Podcast - Q2 2024 Investor Audibles

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CONFIDENTIAL & PROPRIETARY

This letter is not an offer to sell securities of any investment fund or a solicitation of offers to buy any such securities. Securities of Kathmandu Partners, LP (the “Fund”) managed by Kathmandu Capital, LLC (the “General Partner”) are offered to selected investors only by means of a complete offering memorandum and related subscription materials which contain significant additional information about the terms of an investment in the Fund (such documents, the “Offering Documents”). Any decision to invest must be based solely upon the information set forth in the Offering Documents, regardless of any information investors may have been otherwise furnished, including this letter. Securities of the Fund are not registered with any regulatory authority, are offered pursuant to exemptions from such registration, and are subject to significant restrictions.

The information in this letter was prepared by the General Partner and is believed by the General Partner to be reliable and has been obtained from public sources believed to be reliable. The General Partner makes no representation as to the accuracy or completeness of such information. Opinions, estimates and projections in this letter constitute the current judgment of the General Partner and are subject to change without notice. Any projections, forecasts and estimates contained in this letter are necessarily speculative in nature and are based upon certain assumptions. It can be expected that some or all of such assumptions will not materialize or will vary significantly from actual results. Accordingly, any projections are only estimates and actual results will differ and may vary substantially from the projections or estimates shown. This letter is not intended as a recommendation to purchase or sell any commodity or security. The General Partner has no obligation to update, modify or amend this letter or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, project on, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

The holding identified does not represent all of the securities purchased, sold, or recommended for the Fund and does not reflect the overall performance of the Fund.  It should not be assumed that this holding or any recommendations made in the future will be profitable.

This letter is strictly confidential and may not be reproduced or redistributed in whole or in part nor may its contents be disclosed to any other person without the express consent of the General Partner.