Private capital, managed for the long term.
Codelouf is the most dynamic and advanced investment entity within a highly diversified Swiss group, and the primary seat of the group's management. Privately owned and actively managed, it invests across real estate, financial markets, private equity and venture capital, and global consumer goods from its head office in Guernsey. It has affiliates in the European Union and the UK, North and South America, Asia and South Africa.
The wolf, emblem of Codelouf's founding family, stands for stamina, wide reach and strength in adversity.
Founded in a crisis. Built on resilience.
Our purpose has never changed: to let old values drive new ideas.
Codelouf was founded in 1979, at the height of a monetary and economic crisis, as the successor to a group of investors dating back to the 16th century.
From its beginning, the company has been exposed to severe stresses, an experience that allows it to model how its investments may fare in a recession. Codelouf's investment philosophy, and its strength, rest on caring for its stable and adaptable core portfolio, drawing on the experience built over the years, and never ceasing to seek opportunities.
Orderly acquisitions, disposals and reorganisations have strengthened liquidity and allowed the company to seize exciting opportunities as they arose.
Over the years, Codelouf has expanded beyond Guernsey, with affiliates in the European Union and the UK, North and South America, Asia and South Africa. The management of the group remains in St Peter Port, its home and working base.
The portfolio today includes a significant presence in trading and private equity partnerships, together with notable investments at the forefront of environmental and heritage conservation.
Codelouf has never feared a crisis. We see them as opportunities for growth.
Market dislocations, political upheaval, wars and even revolutions: over five decades the company has thrived through them all. Difficult times are not something Codelouf seeks to avoid, but conditions it is built to withstand and prepared to act in. Each one has left it stronger.
In periods of crisis and confusion, Codelouf draws on its depth of experience and institutional wisdom to take calculated, rational and sometimes contrarian decisions.
1979 to today
Performance and professionalism are not ambitions. They are the conditions of long-term survival.
Performance and professionalism are not ambitions. They are the conditions of long-term survival.
Permanence
Codelouf operates as a local partner, offering patient private capital invested over cycles to achieve superior long-term returns. The team travels extensively to stay close to the partners with whom, and the businesses and markets in which, Codelouf invests, so that its interests are never managed from a distance, but understood and supported as required.
Performance
Codelouf expects short-term results and above-average long-term performance from its investments and partnerships, and is prepared to take the lead in times of difficulty or crisis.
Professionalism
Rigour, preparation and the highest standards of conduct in every transaction. From the head office in St Peter Port, strategies are formulated, the portfolio is monitored, and legal and compliance work is carried out.
Discretion
Investment decisions and holdings are not made public, except where law or regulation requires.
Strict compliance. Trailblazing capital.
Codelouf operates within the framework of the Guernsey Financial Services Commission and to the strictest standards of compliance. That discipline is precisely what frees it to stay ahead of the curve in its investment approach.
Within the GFSC framework
Adherence to Guernsey's regulatory standards, including regulatory compliance and anti-money laundering (AML) requirements, owned by the whole team and never treated as a formality.
Flexible by design
Free of fixed mandates, Codelouf can take minority or majority positions in public or private companies, as each opportunity warrants. We prioritise innovative investments and sectors that go unnoticed by others.
A balanced and sustainable portfolio.
Codelouf builds and develops a global portfolio that is balanced, sustainable and concentrated in six areas of expertise.
Real estate
Real estate investments held for the long term, with a mixture of hospitality, residential and commercial properties across geographies.
Financial investments
Actively managed financial investments that underpin the company's liquidity.
Private equity and venture capital
A significant presence in private equity and venture capital partnerships.
Global consumer goods
A focused portfolio of global consumer goods companies, held since the company's foundation.
Natural resources
Important sustainable global investments in natural resources.
Environmental and heritage conservation
Investments at the forefront of environmental and heritage conservation.
Codelouf is led by an experienced team with deep expertise across its areas of investment, and strong fundamental research and portfolio management skills. Codelouf's team brings together diverse perspectives, rigorous analysis and disciplined decision-making to underpin its investment decisions.
The Codelouf team combines its extensive industry experience with a shared commitment to independent critical thinking, active and thorough risk management, and delivering long-term value creation.
Of all the values that guide Codelouf, our commitment to the communities we serve is the most important.
Our history of charitable endeavour dates back to the founding family's initial investments in the sixteenth century. For nearly four and a half centuries, we have been a reliable presence for those most in need, and have sought to commit ourselves to groups deeply rooted in the communities where we operate and serve.
We remain devoted to the greater social good, and to ensuring that the benefits of society are shared by everyone in our communities. We give discreetly and constructively; our sense of responsibility extends to a lasting, passionate commitment to environmental and heritage conservation.
We give discreetly and constructively.
Our office in Guernsey.
Correspondence and enquiries should be addressed to the head office in St Peter Port.