KORR Acquisitions Group: Dedicated to Value Investing.
KORR invests in public companies that have market capitalizations of $50 million to $2 billion and offer a deep value entry price. We acquire private companies with revenues over $100 million in basic manufacturing, consumer products, or oil and gas services.
KORR subscribes to the deep value principles of Benjamin Graham, the father of value investing. Graham began teaching this investment approach in 1928 at Columbia Business School as an investment method that applies to both good and bad markets.
We invest in companies that have an entry price which is below our perceived present value if we have confidence that the investment will achieve our goals and appreciate to fair value through our management or activism.
Investment opportunities must offer a good value, and the disconnect between the current market price and our perceived intrinsic value of the company must be clear. We buy shares in a company when we understand its business, the reason for mispricing, how that price disparity will converge, and when its corporate structure allows for a successful tender offer.
Holdings and Filings
KORR Acquisitions Partners SPV 3 LP (Closed) – https://www.sec.gov/Archives/edgar/data/1644715/000147793215003800/0001477932-15-003800-index.htm
KORR Acquisitions Partners SPV 4 LP (Closed) – https://www.sec.gov/Archives/edgar/data/1644716/000147793215003799/xslFormDX01/primary_doc.xml
KORR Acquisitions Partners SPV 5 LP (Closed) – https://www.sec.gov/Archives/edgar/data/1758597/000147793218005354/xslFormDX01/primary_doc.xml
KORR Acquisitions Partners SPV 6 LP (Closed) – https://www.sec.gov/Archives/edgar/data/1758598/000147793218005356/xslFormDX01/primary_doc.xml
KORR Acquisitions Partners SPV 7 LP – https://www.sec.gov/Archives/edgar/data/1759765/000147793218005744/xslFormDX01/primary_doc.xml
KORR Acquisitions Partners SPV 8 LP – https://www.sec.gov/Archives/edgar/data/1767585/000147793219000414/xslFormDX01/primary_doc.xml
KORR Fund Structure
KORR Acquisition SPV
Varies per SPV but the target Raises have been up to $50mm (with SPV4 as an exception)
IT Services/System Redundancy
Strategic Information Resources, Inc.
Transactional Legal Counsel
Akin Gump Strauss Hauer & Feld LLP
Prime Broker: Interactive Brokers
US Banks: Wells Fargo and Signature Bank
0% until the preferred annualized rate of return (15%) is met. 50% above the 15% preferred rate of return.
$250,000 for individuals and $1 million for institutional investors.
Essential Fund Services
Third party accounting, reporting, and administrative services