looking for quality investments in compa-
nies that have proven to be able to with-
stand harsh economic conditions.
“We do a substantial amount of research
in each individual position we take which
gives us the comfort to only hold 10 to 20
investments,” he said. “It’s a concentrated
portfolio that allows us to know each in-
dividual company very intimately and it’s
proven to work very, very well.”
THE IBV PARTNERSHIP
MODEL
To align IBV’s interests with its investors,
they offer something virtually unheard of
within the industry. If the fund doesn’t
consistently perform, IBV has committed
to returning fees back to their investors.
“I’ve yet to find a firm that’s willing to do
that,” Babineau said. “Our firm is only go-
ing to be successful as a by-product of
how successful our investors are, not de-
spite how successful our investors are.”
In addition, the three co-founders have
invested substantially all of their liquid as-
sets with the firm so they view new inves-
tors as partners who co-invest alongside
them.“We probably have more of our per-
sonal wealth tied up in the firm than an
advisor would typically recommend,” Babi-
neau said, chuckling.
To learn more about IBV Capital, visit
NOVEMBER 2015
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