Crystal Rock Capital Management, LLC

Crystal Rock Capital Management serves as the investment manager for a privately offered pooled equity fund and a limited number of discretionary managed accounts, accepting accredited and qualified investors — including high‑net‑worth individuals — alongside other institutional and corporate investors. The firm manages roughly $204 million on a discretionary basis and provides portfolio management under the fund’s offering materials and tailored investment management agreements for managed accounts.

Investment decisions are driven by bottom‑up, fundamental stock selection and a proprietary market‑based discounted cash‑flow valuation framework, with portfolios constructed as relatively concentrated, “high‑conviction” holdings (typically around twenty core positions). The firm emphasizes a longer‑term investment horizon, generally avoids leverage, standalone short positions, and complex derivatives, and keeps cash levels modest when attractively priced opportunities are scarce.

Noteworthy aspects include the firm’s use of a performance‑based allocation structure paid to an affiliated special member of the fund while also operating selected managed accounts, a comparatively small advisory team that emphasizes investment capacity over rapid asset growth, and formal procedures to manage potential conflicts from side‑by‑side management and personal trading; administrative and reporting functions are delegated to third‑party service providers.