Peninsula Capital Management, LP ("Peninsula") is a San Francisco-based asset management firm focused on domestic equity investing. Founded in 1989 by Scott Bedford, who currently serves as Chief Investment Officer, the firm manages equity capital for a select group of clients, including institutions, endowments and high net worth investors. Peninsula's long-short strategy complements its foremost goal of achieving superior returns throughout all market cycles, with an emphasis on preservation of capital. The firm's niche is that of a smaller, performance-oriented manager. While we cannot forecast change in an increasingly volatile environment, we can anticipate it by staying nimble and flexible, and at the same time exploit opportunities regardless of market direction. In today's market environment, the key challenge is to analyze the vast amount of publicly available information, eliminate noise and focus on meaningful data. For over 20 years, the team at Peninsula Capital Management has built a firm based upon thoughtful investing, in-depth due diligence and vigilant portfolio management. We pride ourselves on original thinking, institutional-quality risk controls and comprehensive operational and client service support. Our in-house research team is led by Scott Bedford, with 22 years of industry experience, and has been built out to include 2 exceptional investment professionals with complementary areas of expertise and investment styles.