SEAFARER CAPITAL PARTNERS

Seafarer specializes in co-mingled, long-only emerging markets funds. The firm serves as the investment adviser to the Seafarer Overseas Growth and Income Fund and the Seafarer Overseas Value Fund... The Fund added a new holding in Tata Motors, a global automotive company based in India. Tata Motors is one of the largest vehicle producers in India, with substantial share in both passenger and commercial vehicle markets. It also owns Jaguar Land Rover (JLR), having purchased the two marks in the depths of distress from Ford in 2008. Tata has had a challenging decade, during which ill-fated passenger vehicle concepts flopped; it was sufficiently distracted to have lost substantial share to rivals in India's profitable commercial vehicle market. Meanwhile, after an impressive start in electric vehicles (EVs) with the well-received Jaguar I-Pace in 2018, JLR has struggled with quality concerns and an ultra-competitive marketplace for luxury vehicles - especially EVs. Yet our Value team..

Also known as: Seafarer, Seafarer Capital Partners, LLC

Primary location: Hyderabad India