Legatum

Legatum is a private investment firm headquartered in Dubai, United Arab Emirates. Founded in December 2006 by Christopher Chandler, the firm utilizes its own capital to invest globally across various sectors, primarily focusing on consumer, technology, and financial services. Legatum's investment strategy emphasizes long-term value creation through a concentrated portfolio of high-quality businesses, typically holding between 5 to 10 positions. The firm places great importance on world-class leadership, organizational culture, robust competitive advantages, secular growth, and free cash flow generation. Success is evaluated by measuring growth in intrinsic value over years rather than short-term share price performance. In addition to its investment activities, Legatum is committed to philanthropic initiatives aimed at promoting prosperity worldwide. The firm has established and supports various organizations, including the Luminos Fund, which provides education to children excluded from school due to poverty or conflict; the END Fund, dedicated to controlling and eliminating neglected tropical diseases; and the Freedom Fund, focused on ending modern slavery. These initiatives reflect Legatum's broader mission to improve people's lives by increasing prosperity across the world.