Our investment strategy is deeply rooted in our belief in the philosophy of value investing. Originated by Benjamin Graham and notably utilized by Warren Buffett, value investing is the art of purchasing assets at deep discounts to their intrinsic value. Our investment domain is the small and micro-cap securities market. We focus on analyzing securities that do not have wide analyst coverage. We have an meritocratic incentive structure that requires us to generate a certain level of performance before we are eligible to receive fees.
An investment in a carefully selected set of private businesses presents investors compelling opportunities to achieve anomalous rates of return, without subjecting the investor to outsized amounts of risk. Our team is focused on a very narrow segment of the private business landscape where we believe we have a competitive advantage in generating prospective deal flow, as well as managerial and financial expertise. When combining these factors with our value investment methodology, we end up with a strategically structured portfolio.