Draft:Valley Forge Capital


Valley Forge Capital L.P.
Company typePrivate
IndustryInvestment management
Founded2007; 17 years ago (2007)[1]
FounderDev Kantesaria[1]
HeadquartersOne Biscayne Tower, 2 South Biscayne Boulevard, Miami, Florida, U.S.[2]
ProductsHedge fund
AUMUS$3 billion (2023)[3]
Websitewww.valleyforgecapital.com
Footnotes / references
[4]

Valley Forge Capital is an American hedge fund based in Miami, Florida. The firm invests in public markets globally.[5]

Background

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Valley Forge Capital was founded in 2007 by Dev Kantesaria with $300,000 of initial capital.[1] Firm assets grew to $500 million in 2019 and surpassed $3 billion in 2023.[1] The firm was originally based in Wayne, PA and moved to Miami, FL in 2023.[2]

Business Overview

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Valley Forge Capital focuses on companies within the consumer, business services, financial services, software and technology sectors.[6][7]

The firm invests in publicly traded equities with an investment approach that focuses on a deep understanding of business fundamentals and long-term returns.[8] The firm will typically concentrate investments in a few select companies owning between 8 to 12 stocks total.[6][9] The firm focuses on four key investment criteria - business quality, predictable earnings, capital efficiency and prudent management.[10]

Notable investments

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Valley Forge Capital has made significant long-term investments in several public companies including S&P Global, Moody's Corporation, Visa Inc., Mastercard, FICO, Monster Beverage, and Equifax.[6][11]

References

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  1. ^ a b c d Sonenshine, Jacob (May 2, 2024). "How This Hedge Fund Beats the S&P 500 With 20 or So Quality Stocks". Barrons.com.
  2. ^ a b "Valley Forge Relocates to Miami's One Biscayne Tower". Commercial Observer. May 10, 2023.
  3. ^ "The largest hedge fund managers 2023". pionline.com. June 30, 2023.
  4. ^ "FORM ADV" (PDF). SEC.gov.
  5. ^ "A hedge fund manager who turned $126,000 of firmwide assets into $500 million explains his Warren Buffett-esque investment process — and why he's not concerned with today's stock market valuation". businessinsider.com. September 27, 2019.
  6. ^ a b c Heins, John (October 31, 2019). "Standing Out". Value Investor Insight.
  7. ^ "Growth Stocks Aren't Dead. A Top Hedge Fund Loves Visa and Intuit Stock". Barrons.com. September 11, 2019.
  8. ^ "Hedge Fund Betting on Years of Low Rates Puts 99% Cash in Stocks". Bloomberg.com. July 18, 2019.
  9. ^ "A Concentrated Portfolio Will Beat the Market, Says Valley Forge Capital Founder". Bloomberg.com. July 22, 2019.
  10. ^ "Compounding machines, cigar butt stocks and the appeal of bond ratings agencies… Valley Forge founder Dev Kantesaria explains all". HedgeWeek.com. July 18, 2019.
  11. ^ Frederick, Tim (October 23, 2020). "These Are The Only Finance Stocks That Matter to Valley Forge Capital". Yahoo.com.