Anthony Brenner and Pivot Point Capital's Stock Picks
Anthony Brenner co-founded Pivot Point Capital with Raj Moorthy in 2005 after having spent nearly five years as Managing Director at Crosslink Capital. Mr.
Anthony Brenner co-founded Pivot Point Capital with Raj Moorthy in 2005 after having spent nearly five years as Managing Director at Crosslink Capital. Anthony Brenner has over three decades of experience in venture capital, private equity and small-cap public investments. He obtained a BA degree in Economics at the Yale University and an MBA at the Stanford Graduate School of Business, where he graduated in the top 10% of the class. Raj Moorthy obtained his MBA at the Harvard Business School and prior to joining Pivot Capital, had worked in the private equity group at Audax Group.
The San Francisco-based hedge fund invests in US-listed small-cap companies and has a small investment team, which aside from Anthony Brenner and Raj Moorthy also includes Vice Presidents Namir Chowdhury and Andy Juang. Pivot Point holds a concentrated portfolio, which generally includes from eight to twelve positions. The fund has a watch list of 80 to 100 companies, which typically have a market capitalization between $500 million and $3.0 billion. It identifies companies based on the quality of their business model, competitive position, revenue growth potential, high free cash flow, and the strength of their management team. After selecting companies for its watch list, it keeps monitoring their activity looking for events that could send its stock below its long-term intrinsic value.
Pivot Point Capital currently has $230 million in regulatory assets under management (2017). In its latest 13F filing, it disclosed an equity portfolio worth $108.14 million as of the end of June 2017, down from $151.56 million a quarter earlier.
