Steamboat Capital Partners, a Connecticut-based hedge fund manager, was founded in the third quarter of 2012 by Parsa Kiai. The firm follows a value-oriented investment philosophy, focusing on a concentrated portfolio of catalyst-driven investments.
Before founding Steamboat Capital Partners, Parsa Kiai was a portfolio manager at Perry Capital and Sonterra Capital. He graduated from Cornell University, where he studied from 1999 to 2003.
Steamboat Capital Partners manages assets for eight clients, with discretionary assets under management (AUM) totaling $371.3 million as of March 2024. Their Q1 2024 13F filing reported $290.3 million in managed 13F securities, with a top 10 holdings concentration of 54.64%. The firm's largest holding is Weatherford International PLC, with 245,232 shares.