top of page
Aug 18, 2021

Discovering Opportunities in the Constantly Changing European Market with Pieter Taselaar at Lucerne

Pieter Taselaar is the Founder and Portfolio Manager of Lucerne Capital Management. Lucerne, founded in 2002, specializes in fundamental, bottom-up stock selection with a focus on mid-cap European markets.


“The greatest opportunities appear when everything looks the darkest, you don't see any light at the end of the tunnel. Still, stick to the game plan, do not diverge from it.


I started off as a lawyer, it was not very creative or exciting, but I always had an interest in finance and value investing. The initial goal was to set up an equity brokerage business selling European equity. Realizing that public equity investors were driven by what research sell-side analysts told them, I immediately thought that this would be a fantastic opportunity to apply in the inefficient European market.


The opportunity set is everywhere, particularly in continental Europe because it is such a complex area.


Whenever you see complexity, there is confusion and anomalies. People are scared to get involved. It's challenging but also provides opportunities.”


Lucerne Capital Management Logo

Pieter Taselaar, Co-Founder and Portfolio Manager

+1 203 - 983 - 4490



Founded in 2000, Lucerne Capital Management is an SEC-registered alternative investment firm specializing in fundamental, bottom-up stock selection with a focus on mid-cap European markets. The investment philosophy reflects a private buyer’s perspective of owning high-quality, sustainable assets at attractive prices for the long run.



Welcome to PrimeAlpha's interview series where we will share insights from industry practitioners discussing their journey and their discoveries.


Check us out on these platforms



Access PrimeAlpha
Alternatives Education, Research, Database of Managers and Investors

​Important Disclaimers
This article (the “Article”) is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any investment or any securities. This Article does not constitute investment advice and is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. Readers should make their own investigations and evaluations of the information contained herein. The information contained herein does not take into account the particular investment objectives or financial circumstances of any specific person or entity who may receive it. Each reader should consult its own attorney, business adviser and tax adviser as to legal, business, tax and related matters concerning the information contained herein.  Except where otherwise indicated herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of preparation. Certain information contained in this Article constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,”  “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Readers should not rely on these forward-looking statements.  Certain information reflects subjective determinations which may prove to be incorrect. There can be no assurance that the estimates or projections will be accurate or that historical trends will continue. In considering the prior performance information contained herein, readers should bear in mind past performance is not necessarily indicative of future results. All rights reserved. The material may not be reproduced or distributed, in whole or in part, without the prior written permission of PrimeAlpha LLC.

bottom of page