The Firm
Katam Hill LLC is a registered investment advisor (RIA) based in Los Angeles, California. The firm is 100% employee owned and founded by Adam Gold – an investor with over twenty years of experience investing in global public and private equity markets. The founder believes public equities offer superior return potential versus other asset classes with added liquidity benefits, and solely focuses on security selection by investing in generational companies with the power of innovation to fuel long-term profitable growth. He believes the firm’s investments in a brighter future can help the world and compound capital for decades to come.
The Strategy
The firm offers two types of account strategies based upon tax considerations:
1 — Katam Hill Deep Growth Plus (margin / taxable)
2 — Katam Hill Deep Growth (retirement / non-taxable / tax-deferred)
These strategies seek to identify the confluence of secular, structural, and cyclical changes that impact businesses on a global basis. Unique combinations of factors lead the founder to identify mispriced opportunities across global markets. Accounts are managed on a discretionary basis with a highly concentrated portfolio of 15-25 holdings with a goal to optimize long-term performance.*
Portfolio Composition
1 - Actual portfolios may have more or less holdings at any given time.
2 - Not all of these securities (such as shorting and options) are applicable to every portfolio, depending on the type of account strategy, margin applicability, and other considerations. Risk-loss parameters are illustrative and investors may experience more or less volatility in any period of time.
Trends + Financials
* These are illustrative tailwinds and headwinds trends which the firm seeks to identify in its research.
The three examples of financial statement analysis are not comprehensive and represent just a sample of the attributes deemed positive for long positions (and opposite on shorts).
Top Business Qualities
* These are illustrative top business qualities the firm seeks to identify in its research:
founder-led businesses with large addressable global markets, which utilize internal innovation to create stronger vertical integration, while leveraging an ecosystem of partners and developers to create lasting and widening moats for sustained competitive advantages.
1 — Trends
Secular: long-term
Cyclical: short-term
Structural: long + short-term
2 — Direction
Long: buy low, sell high
Short: sell high, buy low
3 — Global
We invest in markets all around the world, because the trends we identify have global implications
4 — capitalize
Unique combinations of factors lead us to identify mispriced opportunities on the long and short sides
*Please note: Any reference to or use of the terms “registered investment adviser” or “registered,” does not imply that Katam Hill LLC or any person associated with Katam Hill LLC has achieved a certain level of skill or training. Past performance is no guarantee of future results. It should not be assumed that recommendations made by Katam Hill in the future will be profitable or will equal past performance. Additional information, including Form ADV, Parts 2A and 2B, and Privacy Notice are available on the SEC’s website at www.adviserinfo.sec.gov by searching for the firm.
The Founder
Adam S. Gold is the Chief Investment Officer of Katam Hill LLC. He started the firm with a belief that focusing on security selection of generational companies can produce superior long-term returns for clients.
Prior to founding Katam Hill in 2019, Adam worked at Merrill Lynch in Century City, CA, which he joined in 2018. There, he renewed his securities licenses, and passed the SIE, Series 7, and Series 66 exams.
Prior to Merrill, Adam was the Founder and General Partner of Espial Capital, a New York and Silicon Valley-based investment management firm. He ran the firm from 2012 through 2018 and invested in both public securities and private consumer and enterprise technology companies.
Prior to Espial, from 2008 until 2012, Adam served as a portfolio manager at Gilder Gagnon Howe & Co. (GGHC), a New York-based investment adviser and brokerage firm focusing on global growth investing. Before joining GGHC, from 2007 to 2008, Adam served as a research analyst at Coatue Management, a technology-focused hedge fund manager.
From 2001 to 2007, Adam worked as an intern, summer analyst and research analyst at EnTrust Capital. As a full-time analyst starting in 2005, Adam covered the firm’s technology, media, and telecommunication (TMT) investments.
Adam earned his B.S. degree in Finance and General Accounting, with a Minor in Journalism & Mass Communication, from New York University’s Stern School of Business in 2005. Graduating early Magna Cum Laude, Adam received numerous university-wide awards and honors for his contribution and leadership across the university community.
His prior philanthropic endeavor, the Espial Foundation, was started in 2012 to help educate future innovators by improving the health and wellness of children around the globe.
Adam currently lives in Los Angeles, California with his wife and two sons.
“Compounding (interest) is the eighth wonder of the world. Those who understand it, earn it. Those who don’t, pay it. ”
Albert Einstein
Featured News
Katam Hill’s CIO & Founder Joins Bloomberg Markets for Live TV Interview on February 22, 2024
Katam Hill’s CIO Adam Gold joins Bloomberg Markets on July 5th, 2023.*
*Past performance is not indicative of future results. Please see the Disclaimers below that correspond to any Interviews and Third-Party Rankings referenced in Featured News.
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Featured News Disclaimers
* Video Interview Disclaimer
Investing in securities always involves the risk that you will lose money. Before investing in the securities markets, investors should be prepared to bear that risk. As with any investment strategy, there is no guarantee that our strategies will be successful. Katam Hill LLC makes no guarantees or promises that our security and market analysis will be accurate or that the investment strategies we use will be successful. Statements made in this video interview represent Katam Hill’s views at the time of the recording and opinions expressed herein are subject to change without notice.
** Radio Interview Disclaimer
Investing in securities always involves the risk that you will lose money. Before investing in the securities markets, investors should be prepared to bear that risk. As with any investment strategy, there is no guarantee that our strategies will be successful. Katam Hill LLC makes no guarantees or promises that our security and market analysis will be accurate or that the investment strategies we use will be successful. Statements made in this audio interview represent Katam Hill’s views at the time of the recording and opinions expressed herein are subject to change without notice. Securities referenced herein may currently be held or traded by Katam Hill LLC, its clients, or its representatives. Information contained herein is for educational and informational purposes only and should not be considered investment advice, a recommendation to buy or sell securities, or a solicitation, and does not take into account an individual’s or entity’s circumstances.
*** third-party ranking Disclaimer
The information contained in these third-party rankings releases are created and provided by third-parties [PSN Informa & Preqin] and sharing this information does not imply our endorsement or approval. While we believe the information to be reliable, we do not guarantee its accuracy or completeness; and we have not independently verified the information. Past performance is not indicative of future results. See the attached performance definitions and disclosure. Performance is presented gross of fees and expenses with PSN Informa. See the attached GIPS Composites Performance History for performance that is net of management fees and expenses. Preqin results are shown net of fees and expenses.