Voss Capital

Voss Capital (“Voss”) is a fundamental research-driven, bottom-up, value-oriented manager focused on underfollowed special situations. Voss manages a long/short equity fund, the Voss Value Fund (VVF), and a long-only equity fund, the Voss Value-Oriented Special Situations (VVOSS) fund. The VVOSS fund runs roughly pari passu to the long book of the Voss Value Fund. The Funds target value-oriented special situations with an emphasis on business model analysis, properly incentivized management teams, identifiable catalysts for value realization, and securities with the potential to double in value within a three-year timeframe. The Funds take relatively concentrated positions in high-conviction original ideas. The investment due diligence process prioritizes assessment of a company’s ability to generate free cash flow, extensive scuttlebutt research, interviews with management and competitors, quality of earnings analysis, and a review of management’s track record of capital allocation. In particular, our investment team seeks to identify companies with “Voss Sauce,” which is defined as accelerating revenue growth and expanding margins simultaneously. The Funds are managed by Chief Investment Officer Travis Cocke.