Chicago, IL – November 4, 2021 – In just under five months, The Future Fund LLC, an SEC registered investment advisor, has surpassed $100 million in assets, marking a second major milestone this year. In August, the advisor launched its first exchange traded fund.
The firm was founded by Gary Black, managing partner, and David Kalis, CFA, partner, who began working together in 2013. They have combined experience of more than 50 years.
Each has had significant experience in managing growth portfolios. Black’s career includes leading Janus Capital Group as CEO and CIO, Global co-CIO for Calamos Investments, and CEO for Aegon Asset Management US. Kalis was also a co-CIO at Calamos where he headed US Growth Equity and later founded Curvature Capital Management.
“We invest in companies who are changing the world,” said Black. “We’ve identified secular megatrends across industries that are fueling growth, and we look for the companies who are positioned to capitalize on these trends.”
The portfolio managers seek out stocks where there is investment controversy – where they disagree with Wall Street analysts. Their process is grounded in proprietary fundamental analysis and disciplined portfolio management, along with on-the-ground research.
“We are very disciplined about what we pay for companies, and about when to exit.” Black explained. “We generally require 2.0x upside/downside to invest in a position and start to trim when they get to 0.5x upside/downside.”
Kalis added, “It’s been our experience that today’s investors want transparency; they want to understand what they own. They’ve also shown us they want to invest in innovation. Our approach is to find companies that have established markets and are currently taking advantage of changes in technology, consumer preferences, demographics, and environmental sustainability. We believe this can lead to significant increases in their total addressable markets (TAM), earnings trajectories, market capitalizations, and ultimately value for our investors.”
About The Future Fund, LLC, advisor to The Future Fund ETF
The Future Fund, LLC, is an SEC registered investment advisor focusing on companies with secular growth opportunities created by fundamental change in their markets that the partners believe can change the world.
The firm manages concentrated, high-conviction portfolios for clients in both a long-only and a hedged equity structure in addition to an actively managed ETF. The firm’s goal is to discover unrecognized equity value, believing that transformative companies will displace legacy industry incumbents over time.
Gary Black, managing partner, has nearly 30-years' portfolio management and investment research experience, complemented by operational expertise. He has an MBA from Harvard Business School and BSc in Economics from The Wharton School of the University of Pennsylvania.
David Kalis, CFA, partner, has more than 25-years experience managing small- and mid-cap growth portfolios and leading investment research teams. He has a BA in economics from the University of Michigan and is a Chartered Financial Analyst.
More information about the advisor is available at https://thefuturefund.com and about the ETF at https://futurefundetf.com. See disclosure at https://bit.ly/3fQ8ojd.