According to fund documents, "The Lakehouse Global Growth Fund focuses on investing in mid- to large-capitalisation growth companies located mainly in developed markets. The Fund is invested in some of the world’s largest growth companies using its signature long-term, highconviction approach with a core focus on asymmetric outcomes." The fund was managed by Joe Magyer until November 2021. Nick Thomson is currently in charge of the growth fund. Lakehouse Global Growth Fund was launched at the end of 2017 and generated an average annual return of 11.8% vs. 8.3% gain for the MSCI All Country World Index.The fund has nearly $250 million in AUM as of August 2022.