1. Orange Capital Partners
There are no shortcuts to performance
July 2015

2. Disclaimer
This presentation is not meant to solicit investors
It is for people who are curious about how we think and work
July 2015

3. We started in 2008

4. 12,3%
Annual
Since 2008
July 2015

5. 100
135
170
205
240
2008 2009 2010 2011 2012 2014 2014 2015
Performance since inception 2008
Annual 12,3%
July 2015

6. Longs

7. Impact Best Company
Best People

8. Trends with large Impact
• Energy from bits and photons - Technology drives down
cost of energy and makes it abundant
• Nutrition from plants - Technology drives down cost of
food and improves quality and health
• Media through people - events shared as they happen
• Eduction for opportunity not degrees - Technology and
social change open new routes to successful careers

9. Best Company
• Purpose driven Culture
• No compromise
• Cost down and quality up continuously
• Costumers improve product by using product

10. Best people…

11. Strong Do Right
Hustle

13. Shorts

15. Weak Complicated
Obscure

16. Weak
Complicated
Obscure

17. Two of the three is bad
Things get interesting when they all come together

18. Investment Process
• We do our own work, no Wall Street, no following others
• Concentrated
• Target Return 15%
• Returns not related to market

19. Platform
• Managed Accounts
• No Management Fee
• 20% Performance Fee
• Real Time NAV

20. Quarterly Returns
July 2015
-15%
-7.5%
0%
7.5%
15%
22.5%
30%
2008 2009 2010 2011 2012 2013 2014 2015