Overview
Voss Capital (“Voss”) is a fundamental research-driven, bottom-up, value-oriented manager focused on underfollowed special situations. Voss manages a long/short equity fund, the Voss Value Fund (VVF), and a long-only equity fund, the Voss Value-Oriented Special Situations (VVOSS) fund. The VVOSS fund runs roughly pari passu to the long book of the Voss Value Fund.
The Funds target value-oriented special situations with an emphasis on business model analysis, properly incentivized management teams, identifiable catalysts for value realization, and securities with the potential to double in value within a three-year timeframe.
The Funds take relatively concentrated positions in high-conviction original ideas. The investment due diligence process prioritizes assessment of a company’s ability to generate free cash flow, extensive scuttlebutt research, interviews with management and competitors, quality of earnings analysis, and a review of management’s track record of capital allocation. In particular, our investment team seeks to identify companies with “Voss Sauce,” which is defined as accelerating revenue growth and expanding margins simultaneously.
Chief Investment Officer Travis Cocke founded Voss in October of 2011 and manages the Funds.
Uncorrelated alpha through unconventional wisdom
Investment Team
Travis Cocke
Founder, GP and CIO
Travis founded Voss in October of 2011 and has over a decade of direct public market investment experience, including two years as a portfolio manager with complete investment discretion for a portion of the public equity portfolio of a family office. Prior to founding Voss Capital LLC in 2011, he was a Portfolio Manager at Farney Management Corp. and a Generalist Research Analyst at Ascendant Advisors LLC. Travis also interned at the Teacher Retirement System of Texas (“TRS”), a $200 billion public pension fund, in the summer of 2008, and interned at Omega Advisors, a $9+ billion long-short fund, based in New York City. Travis received a BBA in Finance from Texas A&M University.
Jon Hook, CFA
Senior Analyst
Jon has over ten years of professional buy-side experience and is widely recognized within the industry as a software expert. He previously was a sector manager at the Teacher Retirement System of Texas (“TRS”), where he managed the North American Software & Services and European Technology portfolios, a combined $1 billion in assets. Prior to TRS, Jon was a project development manager at Epic Systems Corp. He holds an MBA from Rice University with a Finance Concentration and Bachelor of Science degrees in Psychology and Film from Northwestern University. Jon is a CFA Charterholder and joined Voss in February 2014.
Scott Rodgers
Senior Analyst
Scott brings over ten years of equity research experience with knowledge focused on the consumer, financial, and industrial sectors. He previously worked at a fundamentals-based investment firm, Limestone Value Partners. Prior to Limestone, Scott worked in the finance department of a private oil & gas company, Beusa Energy. He holds a Master of Science degree in Finance and Bachelor of Science degree in Business and Finance from the University of Texas at Dallas and joined Voss in March 2023.
Taylor Henderson
Analyst
Taylor has over eight years of equity research experience with knowledge focused on consumer and industrial sectors. Prior to joining Voss Capital, Taylor was an analyst at J.P Morgan Chase where he performed credit analysis on oil and gas clients. Prior to that, he interned at Tyro Partners. Taylor has competed successfully in numerous stock-pitching competitions and was featured in Barron’s for his analysis of Kimco Realty (“KIM”). Taylor received a Bachelor of Science degree in Economics from Texas A&M University. He is fluent in Spanish and joined Voss upon graduation in December 2015.
Scott Henderson
Chief Data Scientist
Scott has over ten years of experience in data science and machine learning. He believes that when creative thinking and advanced statistics are applied to the massive amounts of data available, real understanding and original insights emerge. He previously ran his own data science consulting practice covering topics from health and fitness, to sporting events and concerts, to property management, and finally investments. Before that, he applied his data skills managing quality engineering at Daikin, the third largest factory in the US. Scott received both a Bachelor of Science degree in Mathematics and a Bachelor of Science degree in Economics from Texas A&M University.
Operations and Compliance Team
L. Taylor Steinhauff
Chief Operating Officer & Chief Compliance Officer
Taylor brings over five years of operations experience to Voss and was previously an Investment Operations Specialist at 49 Financial, a comprehensive wealth management firm, where he primarily provided support for the firm’s high net worth clients. Prior to this, Taylor was a financial advisor serving individuals and businesses throughout Texas. He is a graduate of Texas A&M University and completed his BBA in Marketing with a focus in Analytics and Consulting. Taylor is a native of Tennessee and spent time living in Saudi Arabia and Switzerland prior to moving to Texas. Taylor joined Voss in March 2020 and was named Chief Operating Officer in July 2020 and Chief Compliance Officer in April 2021
Shaunessy B. Riddick
Assistant Controller
Shaunessy brings over ten years of financial services and fund accounting experience working across various areas within the industry. Prior to joining Voss, she worked for an international Alternative Asset Manager, Orchard Global, specializing in providing lending and risk-transfer solutions across various market strategies and managing capital for an expansive Investor base. While there, she was a member of the Finance Team as Assistant Finance Manager, leading and managing the finance and accounting for one of their largest Fund Portfolios over $3.5 billion AUM. Prior to joining Orchard Global, Shaunessy was a member of the Real Estate Investment Accounting group at Lionstone Investments where she was responsible for full cycle accounting for various Fund portfolios with average AUM of $2.5 billion. Shaunessy began her career in Retirement Plan Services, as part of the Investment team at Charles Schwab, working closely with Institutional Investors and focusing on data integrity and financial reporting, later gaining a broad range of experience as an accounting professional in Private Wealth Management for a High Net Worth Family Office, in operations and trust accounting. Shaunessy has a Bachelor’s degree in Finance from Baylor University and received her Certificate in Accountancy from the University of Houston.
Serena Koontz
Head of Investor Relations
Serena joined Voss Capital in November 2021. Prior to joining Voss, Serena served as an Associate at Sard Verbinnen & Co., a global strategic communications firm specializing in critical issues and transformative events, including transactions, proxy contests, restructuring and IPOs. While at Sard Verbinnen, Serena gained experience working closely with executive management teams to implement public and investor relations strategies. Serena is a Texas native and grew up in San Antonio. Serena holds a Bachelor of Science degree in Public Relations and a Business Foundations Certificate from the University of Texas at Austin.
