STRATEGY
Focus on Small & Micro Cap

Nantahala has low correlation with broader equity markets

<$2.5 Billion Market Cap Companies

  • $1.5 trillion+ market opportunity, rich in mis-pricings
  • Difficult to access the small cap market and  execute investments due to low liquidity
  • Long-term investment approach makes us an attractive investor for portfolio companies

We believe market neutral, well hedged, long term investing in smaller market caps can perform well, in part due to our following views:

THE SMALLER
HEALTHCARE
COMPANY UNIVERSE,
A SPACE WE KNOW
VERY WELL, IS IN
DISTRESS

EXTREMELY WIDE AND NONSENSICAL VALUATION DISPARITIES PREVALENT IN SMALLER MARKET CAP COMPANIES

CURRENT
ENVIRONMENT
INCLUDES WIDER
CREDIT SPREADS,
COMMERCIAL REAL
ESTATE DISTRESS,
AND HIGHER
INTEREST RATES

Risk Management Principles