Capital Allocation
Deciding where money goes and, far more often, where it does not. Positions are taken slowly, sized to survive being wrong, and left alone once taken.
Mandate
Six articles.
What a holding company actually does, written down. Articles rather than services, because there are no clients to sell them to. They are the terms this company holds itself to, and the shape of every conversation it has with the businesses it owns.
The articles
- 01
- 02
Strategic Oversight
Direction without interference. We set the boundary, agree what good looks like, and then let the people who do the work do the work.
- 03
Brand & Intellectual Property
Marks, catalogues and rights are held at the parent so that an operating company can fail, change shape or be sold without the asset going with it.
- 04
Operating Support
Structure, systems and the unglamorous back office. The parts of a business that nobody founds a company to do, absorbed so the operators need not.
- 05
Continuity
A holding company outlives the enthusiasms that created its holdings. Ownership is arranged so that succession is a paperwork exercise, not a crisis.
- 06
Discretion
Not secrecy — restraint. We publish what is useful, disclose what is required, and decline to narrate the rest. It is a governance choice before it is an aesthetic one.
And what it does not do.
A mandate is defined at least as much by what falls outside it. Stating the boundary saves everyone a conversation.
- 01 Manage money for anyone other than itself.
- 02 Offer investment, tax or financial advice, to anyone, ever.
- 03 Take on clients, retainers or consulting engagements.
- 04 Buy positions it intends to sell on.
- 05 Publish what it is looking at, or comment on what it passed on.
- 06 Involve itself in the daily running of a business that is working.
Nascosto Limited is not authorised or regulated as a financial services firm and does not hold itself out as one. Nothing on this site is an offer, a solicitation, or advice of any kind.
Within the mandate
If it fits, say so plainly.
The enquiries worth sending are the specific ones: what the business is, what it earns, and what you want to happen. We will tell you quickly if it is outside the mandate.