Experience That Counts
Our Chief Investment Officer Gary Kohler has successfully identified winning investments over his more than 30 years navigating the markets for attractive opportunities to commit capital. Gary’s experience as a first-rate investor has been honed and sharpened while managing our family of Blue Clay Funds’ alternative and long-only portfolios, to managing family office assets at Okabena & Company and hedge fund assets at Whitebox Advisors. Much of Gary’s career has been focused on the small-cap equity markets covering many business cycles in addition to having served on the board of multiple companies.
Our investment theses are based on long-term business fundamentals and not the “quarter”. Through fundamental valuation analysis we discover companies where the markets have mispriced underlying returns on capital, cash flows or growth opportunities. We apply our fundamental approach to the small- and mid- cap universe where we find greater market inefficiencies and more undiscovered opportunities.
Focus on Capital Preservation
We seek to generate equity returns while at the same time preserving capital. A focus on capital preservation drives portfolio construction and individual position decisions. The Blue Clay Funds utilize diversified portfolio construction to manage overall direction and exposures, with conservative application of leverage in our long/short funds.
Blue Clay Capital Management, LLC was founded in 2012 by Gary Kohler and another partner to continue the fundamentally-focused small and mid-cap strategy Mr. Kohler employed at Whitebox Advisors. Late in 2017, Blue Clay Capital Management, LLC’s investment management business was acquired by a subsidiary of Air T, Inc., and re-named BCCM Advisors, LLC. Air T, Inc. is a publicly-traded firm on the NASDAQ market and is led by Nick Swenson, its CEO and seasoned investor.