Small investment funds

[matjone]

Can any members of the board  recommend any small funds to check out?  These kinds of funds don't get in the press too much, so I am thinking a little scuttlebutt might be the way to find them.  Here's my criteria:

 

1. History of outperformance.  A really long history of  outperformance is nice, but usually it means a larger asset base, so I'm willing to have some leeway in this area.  I'm not into hard and fast quantitative rules so I am just going to say that I'd like to see a manager with some history of beating the market, enough that you have confidence in them.

 

2. Value philosophy. Whether that means he/she likes cigar butts, moat companies, spinoffs, or whatever other styles there are I don't care.  But no momentum, technical analysis, etc.

 

3. Managers have to have their own money in the fund.

 

4. Manager uses little or preferably no leverage

 

5. Bonus if they are open to small retail investors. This isn't a deal breaker though, I can still gain knowledge from looking through their filings and letters.

 

6. Size.  Again, I don't have a strict rule, but the smaller the better.

 

Thanks in advance for any recommendations.

 

[PatOfThePig]

Francois Rochon from Giverny capital:

 

http://www.givernycapital.com/en/accueil

[Phaceliacapital]

David Mclean from ROMC Fund, http://mamgmt.com/

 

I have always liked his letters

[Ross812]

Jeffery Uben of Value Act. Not really a small fund, but a great manager flying under the radar.

[Guest deepValue]

Some lesser-known firms:

 

Grisanti Capital

Hawkshaw Capital

Nantahalla Capital

Shah Capital

Chieftain Capital

Brave Warrior Advisors

Hawkeye Capital

Hawkins Capital

Ancient Art

RBF Capital

[LanceSanity]

Mittleman Brothers. Their annualized performance (net of fees) since 12/31/02 is 22%.

[Valuebo]

http://www.cornermarketcapital.com/

 

Only two clicks away. ;)

[Guest]

Some lesser-known firms:

 

Grisanti Capital

Hawkshaw Capital

Nantahalla Capital

Shah Capital

Chieftain Capital

Brave Warrior Advisors

Hawkeye Capital

Hawkins Capital

Ancient Art

RBF Capital

 

any idea what the long term returns for each of these are, deep? thanks!

[Otsog]

http://www.hugheslittle.com/

[Guest deepValue]

Some lesser-known firms:

 

Grisanti Capital

Hawkshaw Capital

Nantahalla Capital

Shah Capital

Chieftain Capital

Brave Warrior Advisors

Hawkeye Capital

Hawkins Capital

Ancient Art

RBF Capital

 

any idea what the long term returns for each of these are, deep? thanks!

 

Sorry, I don't know. They're just funds that I've chatted with about various investments in the past and I have found to be decent sources for ideas.