Deep Dives
Deep Dive - Value and growth at Tresor Capital Relationship Day November 2025
An update on our performance in a turbulent market and why now is the time to get involved.
Deep Dives
Deep Dives
Deep Dive - Asseco as the architect of the next Polish growth era
We discuss three reasons why Asseco can grow into the digital champion of Central Europe.
Deep Dives
Deep Dive - In the Shadow of Action, 3i Group's PE Portfolio Delivers Returns
Last week, the British investment holding company 3i Group (London: III) presented its annual update during the Capital Markets Seminar. This event is essentially an overview of the group's private equity portfolio, because you could almost forget that 3i owns numerous other investments besides Action. Yet
Deep Dives
Deep Dive - Brookfield Corporation Aims to Double Again
Brookfield Corporation (New York: BN) has been known for decades as an investor in real assets – infrastructure, real estate, private equity, and renewable energy, often with its own capital as a starting point, later supplemented by the ever-increasing inflow of institutional investors. This institutional money now forms the core of the asset management
Deep Dives
Deep Dive - Record After Record at Heico
This week, we delve deeper into the serial acquirer Heico Corporation (New York: HEI-A). The American company, active in the aftermarket for aircraft parts, has recently posted another record quarter. Net profit rose to USD 177.3 million (+30%), operating income to USD 502.1 million (+22%), and revenue
Deep Dives
Deep Dive - Constellation Software: Built for Eternity
On the stock market, investors are constantly searching for the holy grail: a company that not only generates superior returns but does so with a predictability and sustainability that spans decades. These companies are rare. They are not defined by the latest technological hype or the whims of quarterly earnings, but by
Deep Dives
Deep Dive - Brookfield at a Tipping Point in its Development
The Canadian investment holding company Brookfield Corporation (New York: BN) is at a tipping point in its development. Whereas the company was known for decades primarily as a global manager of real estate, infrastructure, and renewable energy, the strategy has clearly broadened in recent years. The combination of strongly growing insurance activities, a record amount of deployable
Deep Dives
Deep Dive - Software and AI: Opportunity or Threat?
The rise of artificial intelligence (AI) dominates conversations in boardrooms and at investor forums. The technological advancement is undeniable, and the potential impact on various sectors is immense. For investors in the software sector, and particularly in vertical market software (VMS), this raises a crucial question: does AI pose a
Deep Dives
Deep Dive - Thinking in Generations Instead of Quarters: The Crucial Role of 'Skin in The Game'
In the world of investing, much attention is paid to balance sheets, profit and loss accounts, and macroeconomic trends. Essential, without a doubt. But one of the most critical factors for long-term success is often underemphasized: the quality and motivations of management. The term "skin in
Deep Dives
Deep Dive - Chapters Group: More Than Just a German Constellation Software
Earlier this month, we traveled to Hamburg for the annual Capital Markets Day and shareholders meeting of Chapters Group (Frankfurt: CHG). As Tresor Capital, we consider it of utmost importance to closely monitor the companies in our portfolio. We can confidently report that this day