Overview
Firm Description
Hestia Capital Management, LLC (“Hestia”, the “Firm”, or “we”) is a Delaware Limited Liability
Company investment adviser founded in January 2009 with its principal place of business in Mars, PA.
Principal Owners
The principal owner is Kurtis J. Wolf.
Types of Advisory Services
Hestia is a private investment management firm offering discretionary investment advisory services to
private funds and separately managed accounts. Hestia has a specific investment process, as discussed in
more detail in Item 8 - Methods of Analysis, Investment Strategies, and Risk of Loss. This process is
discussed with the prospective client to determine if Hestia is a good fit for their investment objectives
and risk tolerances. If a qualified client, investors will invest in a private fund managed by Hestia. A
client may be managed as a separately managed account if they would like more visibility and
individualization in their portfolio or if the client has a specific
unique opportunity they would like Hestia
to manage. Hestia offers primarily deep value, long-short equity or long only equity strategies, typically
holding stocks, ETFs and publicly traded options. U.S. Treasuries, Preferred Stocks, and other related
investments may be held as an alternative to holding cash.
Tailored Relationships
The assets for the separately managed accounts will be managed in accordance with the client’s
respective investment objectives and risk tolerances. Investors may be able to place restrictions on
separately managed accounts. The private funds managed by Hestia are managed according to the Fund’s
investment objectives; investors of the private funds cannot impose restrictions.
Wrap Fee Programs
Hestia does not place client assets into a wrap fee program. Investment management services are provided
directly by Hestia.
Client Assets
As of January 31, 2023, Hestia managed approximately $134 million in discretionary assets.
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