A multi-strategy

family office.

Havelet Bay Capital serves as the Sam Kovacs family office.

Headquartered in Guernsey, Havelet Bay Capital manages a diverse range of investment strategies designed to maximize returns and manage risk across different asset classes.

Our approach is rooted in a deep understanding of market dynamics, allowing us to capitalize on opportunities while maintaining a disciplined focus on risk management.

Havelet Bay Capital deploys its funds across strategies within our circle of competence spanning equities, derivatives & real estate.

Contact Us

Les Echelons Court, Les Echelons, St Peter Port, Guernsey, GY1 1AR

contact@haveleybaycapital.com

Multi-Strategy Investment Approach

Equity Income Investing Strategy

The Equity Income Investing Strategy is focused on generating consistent income through dividend-paying equities. The strategy leverages insights from the Dividend Freedom Tribe, Mr Kovacs’ flagship equity investing newsletter, which is followed by over 44,000 readers. This strategy emphasizes:

  • Dividend Growth: Investing in companies with a strong track record of increasing dividend payouts, ensuring a growing income stream.

  • Durable Moats: Selecting companies with business models with a durable “edge” within their industry to ensure stability and growth of income.

  • Valuation Discipline: Identifying undervalued stocks that offer attractive entry points and potential for capital appreciation alongside dividend income.

Opportunistic Buy-to-Let Strategy

The Opportunistic Buy-to-Let Strategy focuses on real estate investments in key UK cities. The strategy targets undervalued properties with potential for equity infusion by renovating under-appreciated properties in premium areas. It focuses on underserved portions of the real estate market (student housing, workforce housing) which lead to enhanced rental yields. The strategy focuses on:

  • Location, Location, Location: Identifying properties in locations with strong demand drivers, such as economic growth, infrastructure development, and demographic trends.

  • Value Creation: Investing in properties where we can add value through renovations, improvements, and strategic management to increase rental income.

  • Above-Market Rents: Leveraging market knowledge to set competitive rents that exceed local averages while maintaining high occupancy rates.

Options Liquidity Strategy

Our Options Liquidity Strategy focuses on US equity options, providing liquidity to the market and capturing superior cash returns in all market environments. The US options market has sufficient size for the strategy to work at scale, yet still contains many inefficiencies which we seek to exploit:

  • Market Neutral and Hedged: The strategy is market-neutral, with comprehensive hedging techniques to minimize exposure to market volatility. Exposure to any instrument is limited to a single-digit number of days.

  • Superior Income Generation: We consistently earn options premiums by selling options on mispriced assets, leveraging our proprietary algorithms and technology.

  • Risk Management: Diversified positions across various stocks and sectors, coupled with rigorous risk management practices, ensure a stable and low-risk profile.

About Sam Kovacs

Sam Kovacs is the founder of Havelet Bay Capital. Mr Kovacs is a French and British dual citizen.

After graduating from HEC Montreal with a Bachelors in Business Administration, Mr Kovacs pursued a Masters of Economics, at the prestigious Sciences Po Paris. During his graduate degree he launched his first business: an investment newsletter which has turned into what is known today as “The Dividend Freedom Tribe”, and is followed by over 44,000 readers from around the worlds.

Mr Kovacs has since expanded his reach across investment strategies. His belief is that the fundamental investment concepts championed by Charlie Munger and Warren Buffett can be applied across a multitude of investment strategies. By first taking care of the downside, the upside takes cares of itself. As counterintuitive as it might sound to some, the most conservative strategies, if implemented with care, diligence and perseverance lead to superior returns over time.

Mr Kovacs is also the founder and president of Aion Securities LTD., a boutique equity research firm focused on undiscovered micro cap and small cap equities in the UK, France & Italy.

I've devoted my life to discovering an edge and relentlessly pushing that advantage with every resource at my disposal.

– Sam Kovacs