Investment Approach
Lastrofan approaches royalty-based assets with a long-term, ownership-oriented investment philosophy. Our focus is not on transaction volume, but on structure, durability, and predictable value creation.
How We Think
We treat royalties as long-term assets rather than financial instruments to be actively rotated. Each opportunity is evaluated through a disciplined framework that prioritizes contractual clarity, governance, and cash flow visibility.
What We Look For
- Clearly defined contractual rights
- Predictable and recurring revenue mechanisms
- Alignment with long-term ownership
- Transparent legal and governance structures
What We Avoid
- Short-term speculative strategies
- Unstructured or opaque revenue models
- Assets dependent on excessive volatility
- Complexity without structural justification
Structuring & Control
Structuring is a core component of our investment process. We prioritize simplicity, enforceability, and control, ensuring that each asset can be managed consistently over time within a robust European legal framework.
Long-Term Ownership
Lastrofan’s strategy is based on holding assets through their full value cycle. Capital preservation, durability, and alignment between rights and ownership take precedence over short-term performance metrics.
Predictability is not a constraint. It is the advantage.