Ararat Capital Management LP

Overview

Ararat Capital Management LP is a hedge fund based in Westport, Connecticut, specializing in long-term value investments across various industries. The firm manages a concentrated portfolio of equities and related instruments, employing a fundamental, research-driven analysis to select securities for long-term capital appreciation. Its regulatory filings indicate a focus on both value and growth opportunities across a range of industries, with an emphasis on risk management and capital preservation. As of its most recent 13F filing on November 14, 2025, Ararat Capital Management LP reported a portfolio value of $186.5 million, comprising 20 holdings. The firm's investment strategy includes a mix of growth, late-stage, pre-IPO, buyout, turnaround, and distressed investments, with a geographical focus primarily on the United States. The industries targeted by the firm encompass technology, consumer services, financial services, healthcare, energy, industrials, materials, real estate, telecommunications, utilities, consumer goods, media, retail, transportation, and basic materials. The firm typically invests between $10 million and $50 million per position, reflecting its commitment to substantial, long-term investments in its chosen sectors and stages.