MPE Capital

MPE Capital provides separately managed account investment advice to individual and institutional clients who seek long‑term growth and capital appreciation, accepting only clients whose objectives align with its services. The firm invests exclusively in common stocks (with cash held in U.S. government obligations) and reports account values and fee breakdowns to clients on a monthly basis.

The firm follows a long‑only, concentrated equity approach with low turnover, often allocating a majority of client assets to fewer than five securities and favoring businesses it believes trade below intrinsic value, possess durable competitive advantages, and have management aligned with passive shareholders. It does not tailor advisory solutions beyond accepting clients whose stated objectives fit the firm’s strategy and retains discretion over security selection without client‑imposed restrictions.

Distinctive features disclosed in the brochure include a performance‑based fee arrangement for qualified clients — a 15% fee on net profits above a 6% hurdle subject to a rolling high‑water mark — and the simultaneous management of accounts charged performance fees and accounts charged only management fees, a situation the firm acknowledges can create conflicts and says it manages by providing equal access to opportunities. The firm also directs all brokerage through a single custodian (Interactive Brokers) and notes the principal may engage in non‑investment business activities to supplement income, operational details that are less common among peers.