Forager Capital Management, LLC
Forager Capital Management, LLC is a Registered Investment Adviser based in Birmingham, AL. The firm is licensed to do business in the state of Alabama and other states as required by law. 

Our Strategy

We are fundamental value investors applying boots-on-the-ground research methods to the microcap equity universe. We gain an information-based competitive advantage through research intensive due diligence and personal connections with management teams in companies that are overlooked by the market and have virtually no analyst coverage.

While most investors automatically avoid microcaps, we focus on the large subset of them with long histories, high returns on capital, and capable management teams. 

Our typical investment is in a business with potential sources of free cash flow growth that the market hasn’t discovered. We invest when our base case expectation is to double your money in three to five years and downside protection exists to shield us from mistakes.

Investing involves risk. The information on this page should not be construed as a guarantee of investment performance.

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