WHITEBARK INVESTORS

Thesis

Whitebark Investors is a public equity-focused hedge fund founded in 2024, with its strategy incubated within a family office since 2018. The firm employs a long-biased, high-conviction, global approach, primarily investing in liquid public securities with an expectation of holding positions for at least five years. They conduct deep fundamental diligence and seek businesses capable of compounding equity value over the long term through organic growth, margin improvement, and accretive capital allocation, with a strong emphasis on clear incentive alignment. While predominantly long, the strategy includes limited short positions. Whitebark Investors also has the flexibility to allocate up to 25% of its capital to private companies expected to go public. The fund's name, inspired by the whitebark pine, reflects a commitment to a long-term view and a contrarian spirit, seeking overlooked geographies or industries. The firm is based in Incline Village, Nevada, and has received over $200 million in investment from Wildcat Capital Management. As of March 31, 2026, its 13F-derived portfolio value was approximately $125.06 million.