Welcome to our first quarterly letter. As it is the first and likely to be read by some not as familiar with us, a brief introduction seems in order. For further information about our process and philosophy, please see our owner’s manual, available on the website.
Saguaro Capital Management is a research-focused investment partnership formed in 2021. Our focus is to compound capital while minimizing the risk of permanent loss over a long time horizon. We do this by identifying and following the highest quality businesses on Earth, buying them only at a steep discount, and holding them as long as possible. We constantly deploy new technology and techniques to bolster this endeavor. We are the fusion of classic investment discipline and cutting-edge technology. We are modern value investors.
Our purpose is to amplify the global impact of some of the greatest organizations and individuals in the world. We are not asset gatherers but are looking for causes we believe in and partners who believe in us. We seek partners who understand our vision and desire to help build something of lasting value. We are designed to perform with strict capacity constraints, declining management fees, and aligned incentives. 4 Everything is shaped by our values. They are both aspirations and commitments. They guide us as a firm and as individuals:
Read the full Quarterly Report here
Introduction to Saguaro Capital Management
Saguaro Capital Management is a research-focused investment partnership formed in 2021. Our focus is to compound capital while minimizing the risk of permanent loss over a long time horizon. We do this by identifying and following the highest quality businesses on Earth, buying them only at a steep discount, and holding them as long as possible. We constantly deploy new technology and techniques to bolster this endeavor. We are the fusion of classic investment discipline and cutting-edge technology. We are modern value investors.
Our purpose is to amplify the global impact of some of the greatest organizations and individuals in the world. We are not asset gatherers but are looking for causes we believe in and partners who believe in us. We seek partners who understand our vision and desire to help build something of lasting value. We are designed to perform with strict capacity constraints, declining management fees, and aligned incentives. Everything is shaped by our values. They are both aspirations and commitments. They guide us as a firm and as individuals:
Read the full Owner's Manual here
Value Investment Firm Saguaro Capital Management Launches
A value investment firm led by former members of Vulcan Value Partners has launched.
Saguaro Capital Management is launching with all-cap, large-cap and small- to mid-cap strategies that build off the success of Vulcan’s investment approach that saw the firm grow to $20 billion in assets under management.
“We are trying to build our own firm with a lot of the great experience that we learned from Vulcan and throughout other parts of our career and maybe do things slightly differently and hopefully improve some areas that we think we can do better,” said John Collier, principal and director of investor relations at the Phoenix-based firm.
Read the full article here
Vulcan Veterans Debut With Three Funds
A new firm led by a pair of Vulcan Value Partners alumni that combines traditional value investing with artificial intelligence began accepting outside capital July 1.
Phoenix-based Saguaro Capital launched with $10 million in personal capital and friends and family money for the debut of three capacity-constrained hedge funds. Each will follow a fundamental value strategy with one investing in companies of all sizes, one in large companies and one in small and midsize companies.
Saguaro started trading its all-cap strategy via the Saguaro All Cap Partners Fund with internal capital April 1, while the Saguaro Large Cap Partners Fund and Saguaro SMID Part-ners Fund went live July 1. All three strategies target five to 20 companies globally.
Read the full article here