Lowell Capital Management

Lowell Capital Value Partners, LP ("LCVP") seeks to achieve long-term growth of capital by investing in underfollowed, stable, predictable businesses with a "deep value" approach through a research-intensive process. While capital appreciation is the primary objective, capital preservation is a very important priority. LCVP places a strong emphasis on free cash flow. Our strategy is to invest at a large discount to intrinsic value in businesses with high quality management teams that are focused on effective capital allocation and whose incentives are property aligned with shareholders.* The Fund seeks to generate long-term compounded returns by investing companies with large, sustainable free cash flow yields,"Ft. Knox" balance sheets, and strong management teams.* The Fund will generally target investments in companies with near double-digit cash flow yields on an unleveraged basis.* The Fund is targeting a low- to mid-teens annual return with below market risk.