Forager is a boutique Australian fund manager, investing $400 million in listed shares on behalf of more than 2000 long-term investors. Over our 15-year journey, we’ve carved out a niche by focusing on smaller listed companies and capitalising on market distress and investor panic. As a privately owned company, with significant staff ownership and co-investment in our Funds, staff, shareholders and investors are all strongly aligned.
Our investment strategy focuses on uncovering undervalued opportunities worldwide, from promising small businesses to resilient mid and large-cap stocks. We aim to acquire shares below their true value, relying on 15 years of Forager history, thorough research, patience and bouts of investor panic.
Forager’s journey began in 2009 when Steve Johnson set up Intelligent Investor Funds, to take advantage of niche opportunities in Australia. This type of investment is still a feature of the Australian Shares Fund today. The International Shares Fund came next, established in 2013, and in 2014 the company became Forager Funds Management. In 2024 Forager turned 10, and is proud to have many investors from 2009 still invested today.
Our promise to investors is straightforward: we invest our own money right alongside yours. We're committed to keeping our fund size manageable, ensuring we remain agile and true to our values. Communication will always be clear and transparent. We believe these principles, coupled with our tried-and-tested investing approach, give us the best chance of success. At Forager, attracting the right kind of investor, those who share our long-term, opportunistic outlook, is more crucial than just increasing our investor numbers.