Kevin Clark Smith, CFA, founded Crescat Capital and serves as CEO and Chief Investment Officer, managing investment portfolios since 1992 across multiple business cycles. He developed the firm's global macro investment process and systematic equity valuation model, leading all investment strategies since inception. His professional background includes work as an investment executive at Kidder Peabody. He holds an MBA from University of Chicago Booth School specialized in finance and statistics, a bachelor's degree in economics from Stanford University, and the CFA designation. Smith maintains over 75% ownership in the firm and has built an 18-year audited track record focused on uncorrelated alpha generation through disciplined global macro investing.

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Crescat's mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. The investment process revolves around three key factors: global macro themes, value-driven models, and prudent risk management. The central macro theme is 'The Great Rotation,' highlighting shifts from overvalued long-duration financial assets towards commodities and metals driven by fiscal and monetary pressures, inflation, and commodity supply-demand imbalances. The firm deploys proprietary quantitative equity and macro models, systematically scoring and valuing 2000 of the most liquid global stocks combining more than six fundamental factor categories and 50 underlying fundamental metrics. As value investors, Crescat accepts appropriate risk to realize strong returns from macro themes and valuation models over complete business cycles.

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