Albright Capital’s bottom-up process is resource- and research- intensive. It starts with fundamental company-specific analysis and overlays local jurisdictional, political, macro, currency and other risk assessments on a deal-by-deal basis.
Preference is given to investments that solve real problems and naturally align with host governments. Overly politicized situations, vital strategic assets, crowded markets, and other circumstances with magnified risk are avoided.
The process minimizes the value of summary judgment about the economic prospects of any particular country. We focus instead on quality management teams that consistently deliver value, and situations that offer "equity" upside with downside protection, usually achieved through careful deal structuring and appropriate governance rights. The “bottom up” process is supported by a project-specific, top-down risk management overlay.
Click on the links below to learn more about each step of the process.