Bislett Management, LLC

Bislett Management, LLC provides discretionary portfolio management exclusively to its pooled limited partnership fund rather than to individual advisory clients or wrap programs. The firm manages institutional-style pooled assets and reported roughly $148 million in regulatory assets under management as of December 31, 2024.

The firm follows a value-oriented, long-term investment approach driven by original research, typically seeking companies with stable, recurring cash flows and significant insider ownership and often holding positions for multiple years or longer. Although equities are the principal focus, the Fund’s mandate permits a broad set of strategies and instruments — including derivatives, short sales, margin and investments in private or non‑U.S. securities — that the manager may use discretionarily.

What distinguishes Bislett from many peers is its concentrated operational model: it currently manages only the single Fund, with decision-making centralized in the firm’s manager as controlling owner and portfolio manager, and it employs both asset-based and performance‑based compensation arrangements. That combination of a single‑fund focus, extended holding horizons, and explicit authority to use leverage and complex instruments gives the firm greater flexibility but also concentrates governance and market‑risk exposure relative to more diversified managers.