Wassenaar, September 10 – The Juno Selection Fund series has surpassed the level of EUR100 million under management.  The fund, which invests in shares of high quality Euro-pean small- and midcap family owned businesses, managed to double its assets under management from EUR50 million to EUR100 million in one year. In addition to this fund, Juno Investment Partners manages additional direct accounts amounting to EUR70 million. In total Juno manages EUR170 million in this strategy.

Frans Jurgens, Director and Juno Co-Founder: “We are proud that the fund has grown to more than EUR100 million. This is the result of persistent strong returns and growth in our client base.”

Juno was founded in 2008 and through the Juno Selection Fund invests in stocks of small- and midcap European companies that year after year achieve a predictable and stable profit growth. These are primarily family-owned businesses. Since inception, the fund has achieved a cumulative total return of 180%. This equates to an average return of 14.4% per year. The fund is now top ranked in its Morningstar category and has received the maximum five stars for both its last three and five year performance.

The fund’s performance contributed to a significant portion of the growth in assets under management. In addition, Juno took on a growing number of new clients. Notably existing clients have regularly increased their investment in the fund. During the last seven years, these increased client investments have contributed to on average more than 35% of the fund’s annual inflows. Moreover, according to fund comparator Morningstar.nl, the fund combines high return with low risk.

Lennart Smits, Director and Juno Co-Founder: “If you are getting many new clients, then as a business you are doing something right. But if you have existing clients increasing their investment with you, that is even better.”
Juno´s Founders, Frans Jurgens and Lennart Smits, have also increased their personal interest in the Fund as of September 1, 2015. With this, the founders, employees and their families hold approximately 14% of the fund.

About Juno Investment Partners

Since 2007, Juno Investment Partners has been investing in a highly concentrated portfolio of European listed companies with predictable and stable earnings growth, often family-owned businesses.

We focus on companies with a high return on invested capital, strong margins, and highly predictable (free) cash flows. These are typically companies with a strong competitive position and clear added value for their clients, enabling them to continue creating value over the long term.

Based on these characteristics, we select a limited number of companies that we want to understand thoroughly. The portfolio consists of approximately fifteen companies. These are analyzed intensively, visited regularly, and monitored over several years. The investment horizon is long, typically well over five years. Our analysts and portfolio managers also invest in the funds themselves.

Juno offers three products. The Juno Selection Fund focuses on small and medium-sized companies. The Juno Continuation Fund focuses on medium-sized companies. In addition, Juno offers individual asset management via managed accounts, using the same investment approach. The Juno Selection Fund was launched in 2008 and invests in European companies with an initial market capitalization between €250 million and €4 billion. The fund was closed to new investments for a long time and has been accessible to existing participants again since April 2023.

The Juno Continuation Fund was launched on February 1, 2020, and invests in medium-sized companies with a market capitalization between €4 and €20 billion. Here, too, the emphasis is on companies that often have family or management as co-shareholders.

Juno holds an AIFM license from the AFM.