international small-cap specialists
Approach
Singular focus: Invest in sustainable, structurally growing international micro-, small-, and mid-cap equities
Methodical process: Seek to uncover mispriced equities and conduct deep fundamental company research
ESG analysis: Fully integrated into investment process to minimize material investment risks and maximize opportunities
Conviction: Construct concentrated portfolios of our highest conviction ideas
Friendly engagement: Help improve business practices to unlock hidden value
Aligned and diverse team: 100% employee-owned, minority firm that champions diversity of thought
Capacity discipline: Proactively close strategies to preserve alpha opportunities for existing clients
Strategies
International
Micro-Cap Equity
International
Small-Cap Equity
International
Small- to Mid-Cap Equity
Emerging Markets
Small-Cap Equity
About
/ˌkaːˈbɑu̯.tər/
Headquartered in Chicago with a satellite office in the San Francisco Bay Area, Kabouter is a minority-owned investment adviser registered with the United States Securities and Exchange Commission (SEC). Kabouter was founded in 2003 by Marcel Houtzager and Peter Zaldivar, who each have over 25 years’ experience investing in international markets. Prior to forming Kabouter, the founders were principals at Wanger Asset Management, where they co-managed international equities portfolios beginning in 1996.
Marcel Houtzager, CFA
Principal & Senior Portfolio Manager
Peter Zaldivar, JD, CFA
Principal & Senior Portfolio Manager
We have a singular focus on international small-cap equities with a dedicated team of 18 investment professionals and 17 operations professionals.
100%
Employee Owned
67%
Senior Management Represented by Minorities and Women
64%
Employees Represented by Minorities and Women
13
Languages Spoken
All information as of December 20, 2019
Affiliations
Responsible Investment and UN PRI Compliance Statement
Japanese Stewardship Code Compliance Statement
Asian Corporate Governance Association