Pledge Capital LLC

Pledge Capital provides discretionary and non-discretionary investment management to a range of clients including individuals, high‑net‑worth clients, trusts, estates, pension and profit‑sharing plans, charitable organizations, corporations and managed investment pools. Services focus primarily on equities and exchange‑traded funds, with the firm also advising, where appropriate, on options contracts and foreign currencies under written engagement agreements.

The firm follows a value‑oriented strategy with a strong growth bias, employing a bottom‑up fundamental research process that emphasizes competitive advantages, improving fundamentals and returns on invested capital, and concentrating capital when multiple favorable traits align. Risk management is integrated into the process and accounts are monitored regularly, while the firm generally implements a single investment strategy across clients and does not routinely tailor portfolio restrictions on an individual basis.

Noteworthy features include the availability of performance‑based fee arrangements for qualified clients — the firm may charge a profit allocation up to 15% subject to a high‑water mark and a five‑year look‑back in addition to asset‑based fees — and procedures to address side‑by‑side management conflicts. The brochure also highlights non‑U.S. exposures and currency trading in its investment menu and uses Interactive Brokers for custody and execution, which the firm identifies as a source of services and as a consideration for currency and cross‑border risks.