A Patient and Disciplined Approach to Value Investing
Long-term investing grounded in independent research, conservative valuation, and a focus on business value.
Who We Are
Long-term investors focused on business value
Tortuga Capital is a value-oriented investment management firm based in Fort Myers, Florida. We focus on long-term investing, independent research, conservative valuation, and the relationship between market price and underlying business value.
Tortuga Capital approaches investing as long-term business ownership. We seek to understand the economic value of an opportunity and invest only when the relationship between price and value appears compelling.
Research-Driven Investing with a Long-Term View
Independent Research
We conduct our own research and focus on understanding the underlying economics of each opportunity.
Margin of Safety
We emphasize opportunities where market price appears meaningfully below a conservative appraisal of value.
Long-Term Patience
We think in years, not quarters, and believe short-term volatility can create opportunity for disciplined investors.
Investing Based on Value, Not Market Sentiment
Markets can periodically misprice financial assets. Our investment philosophy is based on independent analysis, conservative valuation, and the belief that price and value can diverge meaningfully over time.
A name that reflects patience and focus.
Why “Tortuga”
Tortuga means turtle in Spanish. The name reflects our belief that durable investment results require patience, discipline, focus, and the willingness to wait for value to be recognized.
Led by value-oriented investors.
Tortuga Capital was cofounded by Matthew DePaola and Christopher DePaola, whose backgrounds include business finance, asset valuation, real estate recapitalization, operations, and legal training.