Ararat Capital Management LP

Portfolio Overview

Ararat Capital Management LP reported a significant contraction in assets under management (AUM) for the quarter ended September 30, 2025, with total portfolio value decreasing by 42.7%, from approximately $220.52 million to $126.32 million. This reduction was driven by a combination of active portfolio deleveraging, substantial exits, and position reductions rather than solely market depreciation. The portfolio remains highly concentrated, holding only 13 positions, whic...