LongCSUAug 2026
Constellation Software Inc.
SaltLight recently invested in Constellation Software because it views the company as a portfolio of roughly one thousand specialized vertical-software businesses rather than a…
SaltLight Capital Management (Pty) Ltd
Long-term concentrated global public-equity investing in durable businesses with high returns on capital, capable management, reinvestment opportunities and discounts to intrinsic value.$11M AUM1 published idea
SaltLight Capital Management (Pty) Ltd is a South African global asset manager running worldwide flexible and offshore public-equity mandates. Its investment philosophy emphasizes durable businesses, strong management teams, reinvestment opportunities and long-term compounding. The Q2 2026 letter shows the manager becoming more cautious about parts of the AI infrastructure stack while looking for opportunities where customer relationships, data and distribution are more durable.
Ideas from SaltLight Capital Management (Pty) Ltd
Letters covered
- 2Q 2026 Co-Investor Letter - Is It 'Good Enough?'August 3, 2026
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