About Two Factor Capital Management

Two Factor Capital Management, founded in 2025 and led by Laurens Brisbane, is a privately managed investment fund focused on achieving superior risk-adjusted returns through a value-oriented long/short equity strategy. We specialize in identifying mispriced securities and capitalizing on event driven opportunities the broader market overlooks.

Who We Are

Our Investment Philosophy

We buy excellence and sell mediocrity.
The process behind our motto involves deep equity research: We identify opportunities where the market misprices assets relative to their intrinsic value, through our fundamental and a priori approach. There are few clearly excellent opportunities in the market, so when one is found, a meaningful investment is made; every position is taken with a high degree of conviction, and if we don't understand a business, we don't invest.

On selling mediocrity: Two Factor, often publicly, publishes research targeting securities with inflated valuations, unsustainable narratives, and bad management. Our short positions are driven by binary events or specific catalysts that could cause the market to align the price of a security to its intrinsic value. Catalyst-based short selling is critical, as without a causal event, market exuberance and investor irrationally can prop up even the worst companies.

Two Factor's investing methodology is defined by our a priori approach; investment decisions are made based on logical deduction and deep research rather than plain observation or market noise. Our analysis is predictive, not reactive, anticipating market-moving events by logically deducing catalysts and their impact on a security. Forward-thinking is critical, with our approach enabling us to position ahead of the crowd, and make investment decisions proactively driven by logic, rather than reactively driven by short term market sentiment.

What We Do

Long/Short Equity

Discretionary Macro

Contact us

(+61) 481 911 115
info@twofactorcapital.com