in public and private companies.
Founded in 2003, Kinderhook Partners makes long-term investments in public and privately held companies worldwide.
Substantially all the capital the partnership manages belongs to the principals who work here. Our efforts since we began the partnership have produced annualized compounded returns greater than 20%.
We typically acquire positions by buying stock on the open market, through block transactions, or through direct investments, generally targeting initial investments of $1 to $10 million. When making direct investments in public companies, we typically favor uncomplicated common stock purchases which can be carried out quickly and with minimal transaction costs.
Starting in 2004, Kinderhook has been an active investor in search funds based in North America as well as in Europe and Latin America. We are hands-on search fund investors interested in being involved in all stages of the search process including in appropriate cases serving on search fund company boards.
We opportunistically seek minority investments in private companies. Our ideal targets have a proven business model, a clearly articulated business plan, and concrete uses for growth capital.