top of page

Olesen Value Fund L.P. is a private pool of capital, managed by Christian Olesen, that is invested in accordance with a bottom-up, fundamental value investing philosophy, inspired by Warren Buffett. The fund is open to accredited investors.

​

The long-only portfolio is invested primarily/only in equities, rarely takes short positions, and does not use leverage.

​

The fund focuses on:

  1.   Neglected Micro & Small Cap Securities

  2.   Contrarian Investments  (any market cap size, incl. large caps)

  3.   Event-Driven Special Situations & Arbitrages  (minor area of focus)

​​

What I look for:   Good, proven business with long track record and strong balance sheet trading below my estimate of intrinsic underlying business value, as a result of:

​

  • Out of favor on Wall Street due to non-rational (e.g., psychological) factors (market overreaction, lack of investor patience or interest, etc.), but undervalued based on sound fundamental investment analysis, or

​​​

  • Neglected by professional investors because of too low liquidity, technical (arbitrary) constraints, small size, or other special factors.   Little/no competition.​

​

Highly focused portfolio:

  • Typically 10-20 investments

  • Much deeper, more thorough research and analysis on each investment

  • Can really focus our capital in the very best opportunities   →   Higher returns

  • Intelligent diversification.   Avoid di-worse-sification.

​​

I define risk as permanent loss of capital, not volatility.   I seek to profit from volatility, not avoid it.   Therefore, the fund is only suitable for very long-term oriented investors.

​​

Unconstrained mandate:   Highly flexible and opportunistic.   Invest in many different market cap sizes, industries, and countries (mostly U.S. and other developed countries).

​​

Not a top-down approach:   Allocation among individual stocks, market cap sizes, industries, and countries varies considerably, based on where the best opportunities are.   Bottom-up approach.

​​

I have 100% of my own investable assets, aside from prudent rainy day reserves of cash and cash equivalents, invested in the fund.

​​

Please call or email me with any questions or inquiries about investing in the fund.

-Christian Olesen

​

Click here to download investor presentation pdf

​​

Click here to download 1-page factsheet pdf

bottom of page