Explorador Capital Management manages pooled investment vehicles, focusing on Latin American equity securities. They use fundamental analysis to find asymmetric risk-return opportunities, emphasizing capital preservation. The firm invests primarily in Brazil, Mexico, Chile, Colombia, Peru, and Argentina. Explorador was founded in 1996 and is owned by Andrew Cummins.
Explorador Capital Management manages investments for pooled investment vehicles, not individual clients. Fees are calculated as a percentage of the assets in each investment vehicle and include an annual performance fee based on capital appreciation. The specific fee schedule is detailed in each vehicle's Confidential Private Placement Memorandum.