Alpha Associates, L.P.
Alpha Associates L.P., Stone Run Capital's longest managed fund, has a thirty year track record.
The fund typically concentrates its capital in 35 mid-capitalization companies with the intention of being an owner of each business. The average holding period is three to five years.
Alpha has a GARP (Growth at a Reasonable Price) philosophy and seeks to invest in companies with leading niche market positions and predictable growth.
Management of the partnership is tax sensitive with annual stock turnover of typically less than 20%.
Please contact Donna Martineau at dmartineau@stoneruncapital.com for access to our client communications.
Stone Run Capital Partners, L.P.
Stone Run Capital Partners, L.P. (SRCP) invests in a concentrated portfolio of approximately 35 to 40 small- and mid-capitalization companies with the expectation of owning them for three to five years.
We focus on businesses with the following key characteristics:
- Possess leading positions in their niche markets
- Generate annual organic (excluding acquisitions) sales growth above 5%
- Have improving profit margins due to pricing power, a product cycle, or operating improvement strategies
- Possess proven senior leadership with material stock ownership in the company
- Strong economic value added (EVA) generation based on returns on capital well above the cost of capital
Management of the partnership is tax sensitive with annual stock turnover of typically less than 20%.
Please contact Donna Martineau at dmartineau@stoneruncapital.com for access to our client communications.
