Sponsored Managers
Manager Summary
HCAM and its affiliates have seeded or invested in investment managers in the U.S. and abroad (Hong Kong, Moscow, Singapore, India) since 1989. Examples of such managers include the following:
Caplan Capital Management – This manager runs a long/short equity strategy using little or no leverage, emphasizing capital preservation and a value bias. He seeks consistent, positive equity-like returns with significantly less than equity risk. The style is one of discipline involving core paired/hedged positions of liquid US equities, ETF's and closed-end funds seeking to capitalize on trends before Wall Street recognizes them. The manager has been investing with this strategy for a separately managed account since 2000. In January 2009, the manager formally launched a fund with the same strategy.
Claugus Capital Management, LLC – This manager employs a deep value, top-down approach to achieve capital appreciation by investing in securities selected according to global and domestic macro themes, along with specific research into company stocks, anticipating trends not yet perceived by the markets. Time horizons vary from several months to years. The manager does not hedge, but generates alpha from superior stock selection, macro analysis, and long term discipline. He has been investing personally with the same strategy since 1994 and his fund was launched in February 2006.
Herbst Capital Partners, LLC – This manager uses an opportunistic long/short US equity strategy focused on absolute returns. He targets investments in overlooked and under researched companies that have superior business models, healthy balance sheets, and quality products featuring a competitive edge. Selected firms often trade at a discount to their intrinsic value and are driven by dynamic and ethical leadership teams. The manager seeks to achieve high absolute returns with moderate leverage and risk by anticipating catalysts that generate revenue and earnings surprises for companies with these special characteristics. The manager has been investing with this strategy in a separately managed account since 2006 and opened a fund in February 2008.
Malabar Investments, LLC – Malabar focuses on under-followed and under-researched small-cap companies operating in growth segments in India. The manager follows a value investing style and invests significant time up-front to get to know the management and to understand the business, company and value chain. Malabar takes a long-term view and engages with management on strategy and execution. The enormous potential is evidenced as India has over 7,000 stocks listed with only the top 300 receiving any type of institutional coverage. Thus, there is great opportunity to discover value-oriented growth companies in a market that continues to expand year over year from internal growth.
Value Partners Group, Limited – Value Partners Group, Limited (VPL) is a fundamental value-based manager focused on small, mid and large cap Hong Kong and mainland Chinese companies. Based in Hong Kong, VPL currently manages billions of dollars in capital for U.S. and foreign individuals and institutions. The Value Partners’ advantage focuses on 5 key factors: value, specialized investing, thorough research, risk-averse investing, and a contrarian viewpoint. HCAM’s principals have been investors in VPL since 1994.
For additional information on any of the funds listed above, please .