Overview
kdhb V Capital Management, LLC (“KDHBV”, “we”, “us”, or “our”) is a value-oriented investment
management firm. KDHBV was organized as a Georgia limited liability company in December
2014 and commenced operations in 2015. Dorsey Farr is the sole owner of KDHBV and serves as
portfolio manager.
KDBHV provides discretionary investment management services to two private pooled
investment funds (the “Funds”).
KDHBV serves as the sole adviser and general partner of KDHB V Partners, LP (the “KDHBV
Partnership”). Interests in the KDHBV Partnership are offered on a private placement basis to
persons who are accredited investors and qualified clients. Limited partners in the KDHBV
Partnership are subject to certain other conditions, which are set forth in the KDHBV
Partnership’s Confidential Private Offering Memorandum (the “KDHBV Memorandum”).
KDHBV manages the KDHBV Partnership in accordance with its limited partnership agreement
(“LPA”) and the investment strategy set forth in the KDHBV Memorandum.
The KDHBV Partnership seeks to earn attractive long-term returns through the application of a
risk-averse, value-oriented investment process. Capital preservation is a primary objective
alongside the pursuit of long-term
growth. KDHBV seeks to promote these dual objectives by
investing in bargain situations, where market prices reflect a substantial discount to our estimate
of underlying value and our assessment of likely outcomes suggests a favorable, asymmetric risk-
reward profile. Because capital markets do not always present investors with a rich array of such
bargain situations, KDHBV may hold cash in the absence of compelling opportunities.
The KDHBV Partnership maintains a broad mandate and may invest in a wide range of asset types
and securities. Investments in the KHDBV Partnership are not tailored to the individual needs of
any particular limited partner, and investors in the KDHBV Partnership may not impose
restrictions on their investment. Additional information is available in the KDHBV
Memorandum.
In addition, KDHBV also serves as a sub-adviser to the Interactive Advisers Multi Manager
Fund (“IAMMF”), a private fund from which KDHBV receives fees for its services.
On a limited basis, KDHBV provides non-discretionary investment consulting and family office
services to certain investors in the KDHBV Partnership.
As of December 31, 2023, KDHBV had $45,672,181 in discretionary regulatory assets under
management.