Himalaya Capital

What is Himalaya Capital?

Himalaya Capital is a value investment firm founded in 1997 by Mr. Li Lu, focusing on long-term ownership of high-quality companies.

Embracing the value investment principles of prominent figures like Benjamin Graham, Warren Buffett, and Charles Munger, Himalaya Capital strives to invest in businesses with significant economic moats, robust growth potential, and trustworthy management. Their investment scope primarily concentrates on publicly traded companies in Asia, especially in China, but they also make ventures in privately held companies.

The firm's philosophy centers around disciplined investment, likened to baseball player Ted Williams' strategy; they wait for 'fat pitches', which are exceptional investment opportunities, before they swing with substantial capital. This deliberate and selective approach is aimed at achieving superior returns for their client base, which includes university endowments, foundations, family offices, pension plans, and individuals.

Although their partnership is generally closed to new partners, conversations for potential investment occur selectively through referrals from current partners. The firm’s core values include honesty, accountability, integrity, meritocracy, confidentiality, and loyalty, which serve as guiding principles for their operations and interactions with clients, co-workers, and business partners.

With holdings that date back to the firm's inception, Himalaya Capital represents a blend of steadfast investment strategies and a commitment to the ethical conduct of business.