Alluvial Capital Management

Alluvial screens for micro-cap companies with market caps under $500 million that exhibit hidden asset values or catalyst potential. The firm often engages in activist campaigns, taking board seats to influence strategic changes like spin-offs or asset sales.

Alluvial primarily makes direct investments in publicly traded equities. It does not operate a fund-of-funds structure; it manages a concentrated portfolio of individual stocks, often with an activist bent.

Alluvial targets micro-cap and small-cap public equities — companies generally below $500 million market capitalization. It focuses on deep value situations where catalysts can unlock value over a 12- to 24-month horizon.

Alluvial does not target sectors that require large capital expenditure or have opaque accounting. It has shown a preference for industrial, consumer, and retail companies where tangible assets are easier to value. The firm avoids highly leveraged or speculative growth companies.