Overview
Chris Demasi doesn’t seem to care that two of his four biggest stock bets have been dumped by the market this year.
Private equity firms KKR and Blackstone have both tumbled around 20 per cent since January, taking returns at the Montaka Global Long Only Fund with them. The other two – Amazon and Microsoft – have fared better. But it doesn’t really matter either way.
For Demasi, whose firm was bought by Chris Mackay’s MFF Capital last year and who managed the Lowy family’s $10 billion fortune for almost five years, it’s all just noise.
Source: https://www.afr.com/markets/equity-markets/chris-demasi-on-markets-stock-picks-and-montaka-s-latest-big-bet-20250616-p5m7vw