RV Capital AG - Business Owner Fund on Aker BP ASA
Thesis
RV Capital had entered the oil and gas sector with Aker BP before the geopolitical escalation in the Middle East. The position reflected both optimism about Aker BP itself and a belief that oil and gas exposure could provide useful diversification during a geopolitical crisis. That diversification thesis worked during the Iran war, with the position contributing to the fund's relative stability.
“based not just on our optimism about Aker BP but also on the potential diversification benefits”