Bloomberg featured our global equities fund in March 2026, highlighting our strategic investment approach to energy markets during the Iran war. While many hedge fund managers struggled with market volatility driven by conflicting political rhetoric, we at Minotaur Capital focused on identifying undervalued opportunities in the energy sector.
Our investment strategy centred on South American oil producers that benefit from geographical advantages, avoiding disrupted shipping routes through the Strait of Hormuz and Red Sea. This approach proved particularly effective as we targeted Colombian energy companies that remained significantly undervalued despite geopolitical tensions affecting global oil markets.
Our co-founder Armina Rosenberg explained our investment approach:
"Colombian oil producers are still amongst the cheapest equities in the entire stock market. For me to sell, oil would have to fall markedly below $75 a barrel."
We acquired positions in Parex Resources Inc., Geopark Ltd., and Gran Tierra Energy Inc. following the conflict's outbreak. As Sydney-based fund managers, our strategy demonstrates how disciplined research and selective positioning can identify compelling opportunities even during periods of significant market uncertainty. To read the article, click the link below.