MINT Capital is a private, invite-only investment firm operating across asset classes and geographies.
Our approach is not complicated. We look for situations where the downside is limited and the upside, while uncertain, is meaningful. We try not to do too many things at once.
Over the years we have compounded capital at a rate we're satisfied with. We have also made errors of judgement we'd rather not repeat. On balance, the wins have outweighed the losses — though we are cautious about reading too much into any short stretch of good results.
Our annualised return after fees, across all realised and unrealised positions.
On the positions we have fully exited, we returned 4.2 times invested capital.
We don't publish the size of the firm. It's not a number we think says much. We're happy to discuss it with a prospective partner.
These numbers cover a period that included some favourable markets. We don't know what the next ten years look like. Past performance is presented net of fees on an unaudited basis. Full documentation available to qualified investors under NDA.
We hold a small number of positions. Some we've owned for years; others are more recent. We don't think of the portfolio as a collection of trades — more as a group of businesses we've decided to own for as long as they continue to make sense.
A partial, point-in-time view as of Q2 2026. Values and specific details withheld.
Our managing partners have spent years building and running technology companies. We know what a good management team looks like under pressure, what product-market fit actually feels like from the inside, and how quickly a promising business can unravel when the incentives are wrong.
Most investors analyse businesses from the outside. We've sat on the other side of that table. We think it makes a difference — not because it guarantees better outcomes, but because it tends to produce better questions.

Jan has spent his career building, scaling and selling software technology businesses — with and without outside capital. He serves on numerous boards and advises venture capital funds on software and AI deals. Being a career entrepreneur, he understands the difference between a business that looks good and one that actually works.

Waldemar is the kind of person who reads the footnotes first. He has co-founded and scaled technology and e-commerce businesses both to exit as well as long-term cash generation. He has been investing his own and others' capital for over two decades — long enough to have developed a clear sense for distinguishing the good from the great.
We are looking for partners who understand that returns come from good decisions over long periods, not from activity. We don't promise consistency quarter to quarter. We do promise that we will treat your capital the way we treat our own.
If that sounds right, we're happy to have a conversation.
Reach us at investors@mnt.capital