Ravenwood Capital Management, LLC

Ravenwood Capital Management, LLC provides discretionary investment management to individual and high‑net‑worth clients through a single domestic equity offering, the Microcap Value Strategy. The firm manages a very small number of client accounts (four clients, approximately $200,000 in AUM as of December 31, 2024) and generally accepts new accounts for this strategy with a stated minimum of $50,000.

The Microcap Value Strategy concentrates in 15–30 of the smallest publicly traded domestic equities identified for low price/book, strong cash reserves and low leverage, using screens, filings review, financial modeling and direct outreach in its research process. Accounts are not tailored to individual client requests (clients may only impose written restrictions) and are managed on a discretionary basis; the firm discloses phased account implementation (up to six months) because of microcap illiquidity and projects portfolio turnover of 65–100% annually.

Noteworthy aspects include the firm’s exclusive focus on one concentrated microcap product and its description of a multi-person research and group decision process despite operating as a solo adviser with no additional staff. The brochure also emphasizes reliance on custodian-provided institutional services and soft-dollar research arrangements to support its microcap analysis, along with operational features (slow phase-in, high turnover, limited client customization) that distinguish it from many peers.