Overview
Description and Ownership
Grand Slam Asset Management, LLC (the “Firm”) was founded in March 2001 by Mr. Mitchell Sacks and is eight-five
percent (85%) owned by Mr. Sacks and fifteen percent (15%) owned by Mr. Erik Volfing. In April 2001, the Firm became
the investment advisor for a long/short equity hedge fund, Grand Slam Capital Partners, LP, a Delaware limited partnership
(the “Fund”) which is focused on investing in U.S. small and micro cap stocks.
In addition to the Fund, the Firm serves and may serve as investment adviser and/or sub-adviser to various other advisory
clients, including separately managed funds or accounts (each, an “Account”) and other private investment funds. The Firm
manages the accounts of each such client in accordance with the terms, conditions, guidelines and limitations set forth in the
applicable governing documents, investment management or sub-advisory agreement.
Types of Advisory Services the Firm Offers
In its capacity as investment advisor to the Fund and Accounts, the Firm seeks to produce a total return long-short strategy,
focused on value investing in small and micro cap companies and exploiting the historically persistent inefficiencies present
in the uncovered
and underfollowed small and micro cap universe.
These companies for investment are identified by the Firm through the use of:
• Detailed stock screening tools;
• Bottom-up fundamental analysis;
• Rational valuation process based on historical M&A multiples, competitor trading multiples and private equity
analysis;
• A macroeconomic overlay;
• Evaluation of operational risk; and
• Exhaustive due diligence on company management teams and operational systems and practices.
The Firm’s advice is limited to the types of investments listed above and as more fully described in Item 8.
Tailoring Advice to the Individual Client Needs
With regards to the Fund, the Firm only manages one strategy and the Firm does not tailor its advice based on the individual
needs of the investors in the Fund.
With regards to Accounts, the Firm will tailor its advice to the individual objectives, strategies, goals, guidelines and
limitations of each client as stipulated in the managed account agreement for such client.
A. The Firm does not participate in a wrap fee program
B. As of 3/28/2023, the Firm manages $29.3mm in regulatory client assets, all on a discretionary basis.