Cable Car Capital LLC

Cable Car Capital, LP is a Delaware limited partnership founded on December 23, 2024, following the conversion of Cable Car Capital LLC. The firm manages approximately $180.4 million in client assets on a discretionary basis, primarily through the Funicular Funds. The minimum initial investment for the Funds is $200,000, with Cable Car offering a concentrated, hedged approach to value investing. The firm's investment strategy involves a "concentrated, hedged approach to value investing" across multiple strategies, focusing on long-term capital appreciation and absolute returns. Clients have no control over specific securities in which the Funds invest, and Cable Car does not participate in wrap fee programs. Cable Car charges a quarterly management fee of 0.375% per quarter (approximately 1.5% per annum) based on the limited partner's capital account balance. Additionally, a performance allocation of 20% of net profits is charged to qualified clients. The firm may waive or vary fees at its discretion. Cable Car does not engage in soft dollar arrangements and does not collect fees in advance. The firm's investment philosophy involves a bottom-up approach to fundamental analysis, aiming to identify undervalued securities worldwide. Clients should be aware of the risks associated with investing, including leverage, short sales, and market volatility. Cable Car ensures compliance with regulatory requirements and maintains a code of ethics to uphold professional standards. Clients receive monthly account statements and transparency regarding significant transactions and performance sources. Cable Car's principal, Jacob Haft Ma-Weaver, is a CFA charterholder with a background in finance and corporate analysis.