Investor Summary

Mordechai Yavneh is the Founder, Chief Investment Officer, and Managing Partner of Focus Capital Management, a New York-based hedge fund he established in 2013. Yavneh has built a concentrated investment strategy focusing on 4-5 best ideas designed to achieve superior returns with reduced risk through extensive fundamental research. He regularly presents investment theses at industry conferences, recently presenting on Valeura Energy at the Best Ideas 2025 conference. Raphael Yavneh serves as Partner and Investor Relations, working alongside Mordechai to manage the fund's operations and investor communications. The management team maintains direct email contact with investors and emphasizes long-term relationship building through their unique fee structure and investment approach. Both principals are based in Brooklyn, New York, and maintain active involvement in investment research and portfolio management.

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Fund Strategy

Focus Capital Management employs an extremely concentrated investment strategy, typically maintaining positions in only 4-5 companies at any given time. The firm believes this concentration, combined with extensive deep research, drives long-term success while reducing risk through thorough understanding rather than diversification. Their investment process centers on four main stages: Idea Generation, Deep Research and Analysis, Ongoing Monitoring, and Disciplined Selling. The firm emphasizes selecting high-quality investment opportunities with long-term horizons and low portfolio turnover, dedicating 2-3 months to thoroughly understand each company and industry context. They practice disciplined selling for only two reasons: stock price appreciation to fair valuation or broken investment thesis. The approach is grounded in established investment principles from renowned investors like Warren Buffett and Benjamin Graham, emphasizing that diversification is protection against ignorance and that concentrated, knowledgeable investing produces superior results.

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FUND PERFORMANCE AS OF 31st December 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
- 14.7% -
2025 2024
85.8% -27.6%