Tobias Carlisle
Tobias Carlisle is a widely recognized expert on deep value investing. He is the Creator of The Acquirer’s Multiple®, and Founder and Managing Director of Acquirers Funds, a deep value investment firm based in Los Angeles. He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer.
Tobias Carlisle Professional Experience / Academic History
Professional Experience
-
Founder and Principal
Academic History
-
Bachelor of Laws, Banking, Corporate, Finance, and Securities Law
-
Bachelor of Business Management, Finance
ACQUIRERS FUNDS
Acquirers Fund is the creator of The Acquirer’s Multiple®, the measure used by activists and buyout firms to identify potential targets.
The firm takes a holistic approach to valuation, examining assets, earnings, and cash flows, to understand the economic reality of each company.
Acquirers Funds applies risk-management principles drawn from both qualitative and quantitative value investment.
The firm also examines each stock using statistical measures of fraud, earnings manipulation, and financial distress.
EARLY CAREER
Previously, he was a Founding Partner and Portfolio Manager at Carbon Beach Asset Management, a deep value investment firm.
He served as General Counsel for PIPE Networks, an Associate for Minter Ellison, and Legal Research Clerk at Corrs Chambers Westgarth.
He has advised on transactions across a variety of f industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam.
PUBLICATIONS
The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market
Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (Wiley Finance)
Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations (Wiley Finance)
Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors