Our Story
Our journey began in 2023. Following a period of reflection after his previous role, and the subsequent publication of his Investment Principles, Victor Verberk connected with Ben Dear, CEO and founder of Osmosis Investment Management in the UK. Together they discovered a shared vision for addressing both the challenges and opportunities that arise as the world moves toward a more sustainable economy and a shared belief that sustainable investment doesn’t need to come at the cost of financial returns. Good investment returns are a pre-requisite for the sustainable transition of capital.
This partnership led to our launch in 2025 as Osmosis IM NL, a specialised fixed income asset manager based in the Netherlands. We operate alongside our UK counterpart under the unified Osmosis brand, combining our sustainable expertise to deliver competitive, sustainability-focused investment solutions across both equity and credit markets.
Our ownership structure reflects our commitment to independence and long-term thinking. Victor, and our key investment team members, hold a majority stake, while Osmosis Holdings Limited, the Oxford Endowment Fund, and Australia’s Commonwealth Superannuation Corporation (CSC) maintain a significant minority position. This foundation provides us with the stability and resources to serve our clients effectively from day one.
Our Beliefs
We believe that transition drives performance. At our core is the conviction that sustainable transition pathways create both environmental impact and financial opportunity. This transition knowledge directly drives our alpha generation via lower credit losses. Transition research is more forward-looking and captures the negative externalities which could cause harm. This is the true ‘winning by not losing’. We’re committed to being a trusted partner at every step of our clients’ chosen transition journeys, applying our specialised credit expertise. Each client has a unique sustainability journey in fixed income.
We believe technology enhances human expertise. Our investment in technology reflects our commitment to credit excellence through innovation. We leverage proprietary data frameworks and advanced reporting capabilities while dramatically enhancing productivity. Technology not only lessens the burden of repetitive work, it also supports data digestion and adds depth to research via non-linear thinking. Our technology-driven approach enables two concrete client benefits: lower fees and better research.
We believe in a Dutch no-nonsense approach. Our direct, and straight forward Dutch approach, paired with our two-decade-long passion for sustainable investing, drives our investment process. Through our team’s uncompromising discipline and dedicated credit focus we target consistent and resilient results under every market scenario and through multiple market cycles.
Our Investment Philosophy
We believe market inefficiencies create opportunities for disciplined investors. Behavioural biases and lack of historic knowledge make the market inefficient. We recognise how extrapolation, overconfidence, and fear and greed cycles create mispriced assets. By adopting a contrarian approach, understanding business cycles, and exploiting mean reversion, we position ourselves to capitalise on these inefficiencies. We embrace Benjamin Graham’s wisdom to “win by not losing” and maintain appropriate safety margins in all our investment decisions.
In a transition economy, negative externalities are essential components of financial modelling. We understand that environmental and social impacts have real financial consequences that markets often misprice. Our suite of proprietary frameworks – including our Transition Beta methodology, SDG framework, and Resource Efficiency framework – provide quantitative tools that measure progress toward a sustainable economy. Recognising that our clients are first and foremost investors, we maintain that financial health is an integral part of “transition thinking”. This approach allows us to identify companies that should deliver the strong returns our clients require while successfully navigating the evolving sustainability landscape.
We leverage technology to deliver institutional-quality investment solutions at unprecedented scale and speed. Information technology transforms our boutique firm’s capabilities beyond traditional constraints. Our AI and large language model integration eliminates the coverage limitations of our analysts, extending our research far beyond conventional boundaries. Our systems digest hundreds of pages of disclosure documents in minutes, extracting insights human analysts might miss. This technological edge delivers three concrete benefits: vastly expanded credit coverage, the ability to identify hidden connections that traditional analysis might overlook, and more frequent portfolio reviews with deeper insights. Clients receive the benefits of an entire research department’s output with the focused execution of a specialised boutique.