Orbis Investment Management

Simon Marrison is the CEO of Orbis Investment Management as of 2025, succeeding William B. Gray who led the firm for over three decades. Investment decisions are made by a centralized portfolio management team with a value discipline (per firm communications, 2025).

Orbis is an asset manager, not a family office. It operates as a multi-client investment firm, serving institutional investors, pension funds, and high-net-worth individuals. It is not tied to a single family's wealth (public record).

Orbis relies on fundamental bottom-up equity research, not proprietary deal flow. It invests in publicly traded securities, building concentrated positions based on valuation analysis. The firm does not engage in direct private deals or venture capital (per firm strategy documents).

Orbis invests in publicly traded companies across all market capitalizations, with a focus on undervalued equities. It does not target specific stages but holds positions for a long-term horizon, typically three to five years (per firm practice).

Orbis operates through commingled funds and separate accounts, not direct deals. Clients invest in its pooled vehicles such as the Orbis Global Equity Fund or tailored institutional mandates (public record).

Orbis does not publicly disclose a list of avoided sectors, but its value discipline generally avoids high-growth, speculative companies or those with excessive debt. It has historically favored financials, industrials, and consumer goods (per SEC 13F filings, 2023).

Orbis does not participate in co-investments with external GPs. Its investment mandate is focused on public equities and fixed income, not private markets or structured co-investment vehicles (public record).