Greenhaven Road Capital
Greenhaven Road Capital is a long-biased, concentrated hedge fund that carefully cultivates the unusual to create a lasting portfolio. Across industries, capitalizations, and geographies, the firm covers a broad universe, with a focus on business services, technology, consumer, and retail. It applies the diligence and mental framework used in private equity as well as the knowledge of a successful business operations team, curating uncorrelated returns and fundamental value.
- Greenhaven invests only in its very best ideas, typically 15 long positions or less and a couple of opportunistic short positions.
- It generally avoids commodity-based companies, looking for businesses with strong cash flow, normalized earnings, and long-term growth horizons.
- It has outperformed hedge fund indices, the Russell 2000 and the S&P 500.