Investor Summary

Roger Fan founded RF Capital Management LLC in 2017 and serves as Chief Investment Officer. He holds a J.D. from Texas Tech University School of Law and a B.S. in Psychology from UC Davis. Fan decided to become a hedge fund manager during his senior year and began investing family capital in May 2008. His early business exposure came through his parents' fast food and convenience store operations, instilling strong work ethic and entrepreneurial values.

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Fund Strategy

RF Capital seeks to achieve superior risk-adjusted returns through investing in obscure, undervalued companies globally across all sectors. Investments must meet three key criteria: High Returns on Capital, High Growth Potential/IRR, and Aligned Management Teams. The firm typically invests in 5 to 10 companies that satisfy all criteria and holds cash when suitable opportunities are unavailable. The strategy employs bottom-up, research-intensive analysis focused on undervalued growth stocks with strong balance sheets and minimal institutional ownership.

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FUND PERFORMANCE AS OF 30th June 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
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