Focused
Disciplined
Aligned
At First Principles, our singular focus is investing in exceptional Indian businesses. We stay within our circle of competence, carefully selecting businesses we understand and backing teams we trust. Our portfolio typically includes 10 to 20 companies, allowing us to closely monitor each one.
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Guided by first principles thinking, we bring rigor and objectivity to every decision. We have tracked certain sectors and companies for over a decade, yet we patiently evaluate ideas before making a rare investment. As a result, we invest with confidence when we see a compelling valuation and are undeterred by market volatility.
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We believe in skin in the game. Our general partner co-investment ensures our interests align with our limited partners’. We pride ourselves on being fiduciaries who operate with the highest standard of integrity. Our U.S. based structure offer seamless access to global investors while adhering to India’s regulatory framework.
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First Principles Investment Manager LLC serves as the investment advisor to First Principles Fund One LP, a U.S. based private investment partnership registered with the Securities and Exchange Board of India (SEBI) as a Foreign Portfolio Investor (FPI) (collectively along with their affiliates, “First Principles” or “First Principles Funds”).