Alamar Capital Management, LLC
Alamar Capital Management is a boutique independent registered investment advisor that serves as a fiduciary, providing customized wealth management, and comprehensive investment advisory solutions to select families and institutional investors.
This year started off with a bang for Alamar. Three of our stock holdings were purchased for large premiums. We cannot recall a time when this has occurred over our 10-year history. Given the nature of our holdings – good businesses, growing well, trading at reasonable valuations – we expect more acquisitions in the future.
The U.S. equity markets came roaring back in the first quarter of 2019, shaking off the 4th quarter hangover from last year, due to weakening global fundamentals and decreasing U.S. corporate earnings. In fact, the S&P finished the first quarter within a few percentage points from last September’s highs, as stocks flourished under a more accommodative Federal Reserve (Fed) and renewed optimism about the U.S. economy.
The year 2018 will go down as one for the ages. Every major asset class and equity market around the world declined. After 9 consecutive years of gains, the S&P500 dropped 4.4% last year. For our part, we produced positive results of 2% despite the environment. Since our inception in 2010, the S&P500 is up 11.7% annualized and the Alamar equity strategy is up 12.7% during the same timeframe.
Alamar Capital Management
330 East Canon Perdido, Suite F
Santa Barbara, CA 93101