Avellan Capital is an investment firm specializing in public stocks in TMT sector in the United States and Western Europe. Our key focus is on growing companies with proven business models and clear expansion plans. The small size allows us to invest in promising companies of $100-1,000m market capitalization where big funds don't find enough liquidity and small ones have limited research talent to assess companies' growth potential. We use a research intensive, long-term focused investment approach and conduct the fundamental analysis to select our investments.