Sirios Capital Management
A fundamentally driven US Long Short equity investment firm. Sirios Capital Management had $0.8bn AUM at the end of December 2025.
$0.8 bn
Assets under management (as of 31/12/2025)
2018
Became a Partner
1999
Founded
16
Employees
iMGP Funds
The objective of this Fund is to provide investors with an absolute return which has limited correlation with the trend of the main stocks or bonds markets indices by investing mainly in UCITS, UCITS eligible exchange traded funds, money market funds and/or other UCIs. The weighting between these instruments will be determined by the Manager according to its personal assessment of the market trends. The Fund may provide indirect exposure across asset classes, mainly to equities and fixed income markets but also to currencies and money market instruments globally, including emerging markets. The Fund may also be exposed to commodities, including gold and precious metals. This exposure shall only be achieved by means of eligible instruments and shall be limited to a maximum of 10% of the Fund’s net assets. To allocate the exposure on the various categories of asset classes and build up a global conservative portfolio, the Manager uses, in particular, macro-economic cycle analysis, asset valuation and risk and correlation analysis. Fundamental top-down analysis will evolve through time. It may include paying attention to, without being limited to, global yield curves, markets valuations, profits cycle analysis, earnings expectations, credit spreads, investor sentiment and other factors. The Fund is subject to ongoing monitoring to ensure that risk parameters and market exposures consistent with investment views are maintained. The Fund may also invest in exchange traded financial derivative instruments (including options and futures) in order to manage its portfolio efficiently and to protect its assets and liabilities. The Fund is actively managed not in reference to a benchmark.
Investment Approach
The firm is built on a strong entrepreneurial culture focused on long-term value creation and has a very robust operational and risk framework set up by veterans of the hedge fund industry. Sirios Capital seeks to buy attractively-valued, growth-oriented companies of mid to large capitalization, and short stocks with deteriorating fundamentals and/or valuations.
The organization of the investment team and the investment decision making structure is unique as the portfolio coverage is split into five sector groups, each of which is the responsibility of an experienced investment principal who oversees the idea generation and quality of analysis of their sector on both long and short sides. This decentralized yet accountable structure enables deep sector expertise, agility in decision-making, and a consistent focus on long-term value creation.
Sirios Capital flagship strategy, launched in 1999, combines the flexibility of a multi-sector, diversified long/short hedge fund with the focus of an individual sector fund. This allows Sirios Capital to benefit from both portfolio management skills as it invests across sectors on a global basis, and the fundamental advantage of its focus within each sector. The investment team seeks to identify longer-term investment opportunities and will adjust weightings based on valuation and fundamentals. This consistent and robust approach has allowed the strategy to withstand multiple market cycles and adverse market conditions.
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