LKCM International Equity, L.P. seeks to achieve long-term capital appreciation by investing primarily in securities of companies domiciled outside of the United States. The partnership expects to invest in companies domiciled predominately in developed economies, although it may also invest in companies in less-developed economies and/or emerging markets. The partnership’s investment strategy is long-biased and focused on equity holdings of public companies with market capitalizations ranging from small cap to mega cap. The partnership utilizes financial instruments both for investment purposes and/or for risk management purposes.
The development of investment opportunities into this partnership emanates from the fundamental research process led by our experienced internal research staff. This partnership strives to achieve its objective through fundamental analysis and seeks high quality companies based on various criteria, such as high profitability levels, strong balance sheets, competitive advantages, strong market share positions, clearly defined business plans, ability to generate excess cash flows, management teams with meaningful ownership stakes, attractive reinvestment opportunities and attractive relative valuation. This philosophy provides the basis for our investments in this partnership and is consistent with our firm-wide approach of seeking to build long-term value for our clients.