Venari Asset Management is an investment management firm focused on public markets. We aim to compound capital through a repeatable research process, deliberate position sizing, and a risk framework designed for changing market regimes.
Information on this site is for general purposes only.
We begin with fundamental and thematic research to identify companies and sectors where structural forces, capital cycles, and competitive dynamics may support durable returns.
We prioritize businesses with clear unit economics, resilient demand drivers, and credible paths to cash flow generation. We focus on what we can underwrite with evidence rather than broad narratives.
Our process emphasizes downside awareness: position limits, scenario planning, and ongoing monitoring. When information changes, we reassess exposures rather than relying on conviction alone.
Markets can change quickly. Our objective is not to make frequent predictions, but to maintain a structured decision process.
Our operating cadence includes:
We evaluate opportunities across multiple themes and sectors. Examples of research areas may include:
We monitor where software adoption translates into measurable operating improvement, including governance, workflow integration, and reliable deployment at scale.
We study the supply chains and capital cycles that affect grid capacity, electrification, and critical equipment. We emphasize real-world constraints such as lead times, permitting, and delivery schedules.
We evaluate modernization trends across defense, secure communications, and cybersecurity, with attention to procurement dynamics and long-duration demand.
These areas are illustrative and may change over time.
Venari Asset Management is built around a disciplined research process and a risk framework intended to perform across market environments. We focus on clarity, repeatability, and accountability in how we allocate capital.
We frame each potential investment through a consistent set of questions: What are the primary drivers of value creation? What would cause the thesis to fail? What evidence would lead us to increase, maintain, or reduce exposure? We seek investments where returns can be supported by fundamentals over time, rather than requiring precise market timing.
We aim to avoid over-concentration in any single factor, theme, or macro outcome. Portfolio construction considers: position sizing and liquidity; factor and sector exposures; correlation and drawdown behavior; scenario and downside analysis.
Risk management is integrated into the investment process. We use defined constraints such as: position and exposure limits; ongoing thesis review and catalysts tracking; reassessment when facts change; attention to liquidity and gap risk.
Our team emphasizes rigorous research, clear decision-making, and disciplined risk management.
Co-Founder & Co-CEO
Noah focuses on investment research, portfolio decision processes, and translating complex market information into actionable underwriting frameworks.
Contact →Co-Founder & Co-CEO
Ethan focuses on research, portfolio construction, and risk oversight, with an emphasis on maintaining consistency across market regimes.
Contact →We value clarity, integrity, and disciplined execution. The work is research-intensive and process-oriented.
People who value precision, accountability, and steady improvement in process.