Fort Ashford Funds

Fort Ashford Funds

Fort Ashford Funds was established in 2001 by Susan and Frank Kavanaugh as a privately held investment firm. The founders built their wealth through executive roles at Microsoft, Hewlett Packard and IBM plus the creation and growth of multiple companies including Force Protection Inc. The office invests directly in micro-cap public companies with market capitalizations under $100 million, opportunistic real estate and select growth equity. It deploys $2 million to $6 million in qualifying public companies and $2 million to $10 million in real estate. Confirmed holdings include Vons Market in Long Beach purchased in 2019, the DaVita building in Lehi acquired in 2019, and The Baxly mixed-use property in Savannah. The firm also loaned $5 million for a 70 percent equity stake in a holding company owning the Summit office building, Outlets at Traverse Mountain and Seasons multifamily assets in Lehi. Geographic activity centers on North America with additional properties in Houston, Carlsbad and Hermosa Beach. The team includes Erin Burke as Chief of Staff plus advisory board members Mason Fink and Harry Long. Additional offices operate in Lehi. Philanthropic commitments run through CASA of Orange County, Chrysalis, Goodwill of Orange County and The Illumination Foundation. No operational events from the last 24 months appear in public records. Fort Ashford structures investments to acquire equity or debt and then participate in restructuring or reorganization. It seeks management teams aligned with community, client and shareholder interests rather than outright control.