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.