We had the pleasure of speaking with Peter Mantas, a general partner of Toronto-based investment firm Logos LP, on August 10, 2020.
Logos LP has posted strong investment performance in 2020, driven by a thesis Peter had articulated at Intelligent Investing in Crisis Mode 2020, hosted by MOI Global, on March 18. Peter had argued that the sharp selloff presented a rare opportunity to buy into Internet-based software leaders that would dominate their respective segments for a long time to come. In the March session, Peter highlighted ideas including Activision Blizzard, Alteryx, ServiceNow, The Trade Desk, and Zscaler.
In his latest conversation with MOI Global, Peter reflects on the strong performance of the ideas discussed in March and shares his favorite investments going forward. He considers some of the software leaders as having gotten “ahead of themselves” in the near term, while select others have been indiscriminately sold off in recent days and may present attractive opportunities.
Peter also shares a new thesis on cyclical industrial companies, some of which remain highly neglected ahead of potential business normalization as the world moves past the worst of COVID. Peter reveals why Logos LP finds compelling value in Huntington Ingalls Industries (NYSE: HII).
Finally, Peter discusses his interest in innovative healthcare companies, some of which have suffered due to COVID but maintain strong business franchises that should create significant value over the long term. He highlights Inmode (Nasdaq: INMD) and Renalytix (Nasdaq: RNLX).
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To go deeper, read a transcript or listen to our interview with Peter about his background and investment approach at Logos LP. You may also like to revisit Peter’s highly instructive presentation on Zscaler from Wide-Moat Investing Summit 2019.
Peter Mantas serves as a general partner of Toronto-based investment firm Logos LP. Peter has an assortment of business and financial experience at global institutions. Peter’s prior experience includes senior managerial roles at large information service and enterprise technology companies in addition to legal experience within the capital markets, alternative investments and tax groups at McCarthy Tetrault LLP. Peter has also been involved in a variety of private equity transactions, ranging from retail to renewable energy, in addition to leading a proprietary trading team for a boutique desk. Prior to this, he held various economic research positions at the Export Development Bank of Canada, Statistics Canada and other various federal government departments. Peter has both an LL.B. and B.C.L. from McGill University’s Faculty of Law. Prior to studying law he obtained an Honours Baccalaureate in Commerce, Magna Cum Laude, from the University of Ottawa, Telfer School of Management, where he received several awards of excellence.The content of this website is not an offer to sell or the solicitation of an offer to buy any security. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this website. BeyondProxy’s officers, directors, employees, and/or contributing authors may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated herein.