Castelnau Group's Strategic Vision and Key Investments Unveiled

Castelnau Group Ltd's Richard Brown and chief investment officer Gary Channon discuss their investment approach and future plans in an interview with Proactive's Stephen Gunnion. Channon elaborated on their investment philosophy, focused on high-return businesses they can understand, monitor, and buy at attractive prices. The inception of Castelnau was driven by the desire for permanent capital to own and enhance businesses indefinitely, integrating modern techniques into traditional businesses. Key investments include Dignity, the UK's largest private funeral business, and Hornby, a portfolio of heritage toy and collectable brands, with a focus on modernising and leveraging core brands for future opportunities. Castelnau's approach to portfolio companies emphasises innovation, culture, technology, and strategic growth without the pressure of exit timelines. For 2024, investors can expect improvements in businesses and potential NAV increases, with Castelnau aiming to compound growth over time through business development and strategic acquisitions.