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Homestake Management
HOMESTAKE MANAGEMENT, LLC is a state-registered investment adviser based in Bozeman, MT. It manages discretionary portfolios for high net worth individuals...
Overview
HOMESTAKE MANAGEMENT, LLC is a state-registered investment adviser based in Bozeman, MT. It manages discretionary portfolios for high net worth individuals and families. The firm is led by its founder.
General information
Firm type
Exempt Reporting Adviser
Location
Region
North America
Country
United States
City
Bozeman
Corporate office
San Francisco, CA, United States
Principals
William Oberndorf
Chairman
Sector focus
Frequently asked questions
How does Homestake Management separate its political and charitable giving from its investment activity?
No formal separation between the investment office and Oberndorf's political giving has been disclosed. The office does not maintain a public-facing foundation, and both charitable and campaign contributions appear to flow through personal accounts, organized under Oberndorf's direct control rather than an independent 501(c)(3) with a separate board. This integrated structure is not uncommon among families where advocacy and investment share a common analytical framework.
Is Homestake Management related to SPO Partners today?
SPO Partners wound down its outside capital operations in the early 2010s. Homestake Management now functions independently as Oberndorf's personal office, with no ongoing investment connection to the SPO entity or its former limited partners. The intellectual DNA — concentrated bets, patience, avoidance of fundraising — persists.
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