Indaba Capital Management, L.P.
Indaba Capital Management, L.P. is a San Francisco-based hedge fund founded in 2010, focused on event-driven investment strategies. The firm manages assets primarily for institutional investors and employs a team of professionals experienced in fundamental and catalyst-driven investing across public markets.
Investment Strategy
Indaba Capital Management, L.P. employs an event-driven investment strategy, with a focus on identifying value in public companies undergoing significant corporate actions, such as mergers, acquisitions, restructurings, and other events that can act as catalysts for revaluation. The firm conducts deep fundamental research to identify mispricings and seeks to generate returns for clients through active engagement and opportunistic investment in both equity and credit markets.
Top Holdings
Equity Positions (6)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
O ONTF | ON24 INC | 17.01% | $23.0M | 4,240,256 | $18.07 | $5.43 | +$975.3K |
B BLKB | BLACKBAUD INC | 9.15% | $12.4M | 193,000 | $62.05 | $64.21 | +$416.9K |
B BATRK | ATLANTA BRAVES HLDGS INC | 3.24% | $4.4M | 93,811 | $40.01 | $46.77 | +$634.2K |
E ESPR | ESPERION THERAPEUTICS INC NE | 2.18% | $3.0M | 3,000,000 | $2.20 | $0.98 | -$1.4M |
E EMBC | EMBECTA CORP | 1.59% | $2.2M | 221,938 | $12.75 | $9.69 | -$679.1K |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
S Sarah Wilson | partner | CA , United States | |
 | Senior Investment Analyst | New York, NY , United States |