Investor Summary

Peter Rabover, CFA, serves as principal and portfolio manager, holding 75%+ ownership of ARTKO CAPITAL. He has grown the partnership from one partner and $25,000 to over 40 qualified Limited Partners managing approximately $10 million in AUM. Rabover's background includes moving from Russia to the U.S., experience in corporate finance, Peace Corps service in Kazakhstan, and roles at Hahn Capital Management and Scharf Investments. He draws parallels between ultra-running and value investing regarding mental discipline required for success.

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Fund Strategy

ARTKO CAPITAL employs an 'Enhanced Value' strategy focusing on high-quality small-cap and micro-cap companies with significant margin of safety. The approach involves concentrated positions in 10-12 companies seeking 100-200% upside over 3-5 years. Investment criteria include high returns on invested capital, quality earnings with consistent cash flow, clean balance sheets, incentivized management, and simple business models. The strategy emphasizes fundamental research in uncovered small-cap names where due diligence can add value.

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FUND PERFORMANCE AS OF 31st December 2023

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
3.0% 6.9% 1.6%