# Power Forward Management

Power Forward Management is an Asset Manager based in Los Angeles, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1995
- **Assets under management:** Undisclosed
- **Website:** powerforward.com

## Regulatory record

- **CRD number:** 332095
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/332095

## About

POWER FORWARD MANAGEMENT, LLC is a state-registered investment adviser in LOS ANGELES, CA. It has 2 employees and 1 investment adviser. The firm is based in California.

## Sectors

- Hedge Funds

## People

- Mark E. Strome — Founder and Chief Investment Officer

## Questions

### What was the firm's most notable period of performance?

Power Forward Management gained significant attention for its performance during the late-1990s technology boom. The Wall Street Journal reported in 1997 that the firm posted a 77 percent net return in 1996, making it one of the top-performing hedge funds in the MAR/Hedge universe at that time. Strome was frequently profiled alongside other prominent managers who capitalized on the pre-dot-com surge in technology and media stocks.

### Did Power Forward Management invest primarily in public equities or private companies?

The firm operated a hybrid mandate that included concentrated public-equity positions, venture-stage private placements, and pre-IPO investments. This crossover structure was uncommon among hedge funds in the mid-1990s. The portfolio spanned emerging technology, media, and telecommunications companies, with a noted concentration in Latin American internet names during the region's first digital buildout.

### What differentiated Power Forward Management's structure from other hedge funds of its era?

The firm ran a founders-operator model with no institutionalized investment committee or distributed portfolio-manager structure. Its chief differentiator was extreme concentration risk: Strome was known to hold large, sometimes illiquid stakes in only a handful of high-conviction names. This produced high portfolio volatility — including the 77 percent gain reported in 1996 — but lacked the diversification typical of 1990s multi-strategy or long-short peers.

## Related profiles

- [Murawski Wealth Management](https://altss.com/profile/murawski-wealth-management)
- [Common Cents Financial Planning](https://altss.com/profile/common-cents-financial-planning)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/power-forward-management-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology