Sandy Hill Partners, LP

Investment Management & CFO Advisory

Sandy Hill Partners brings a value-first approach, informed by decades of operating experience with emerging companies. We blend public-market discipline with hands-on management and private-company knowledge.

A Patient, Value-Oriented Approach

Identifying opportunities, executing solutions.

At Sandy Hill Partners, we adopt a patient, value-oriented approach to investing. Our portfolio is concentrated on businesses we understand deeply, allowing us to let compounding work over time while maintaining a strong focus on intrinsic value.

We blend public-market discipline with hands-on operating experience — chief financial officer roles, board service, and founding-investor positions inform how we read corporate filings, capital structure, and management quality.

What We Do

Investment Management
Active management of a concentrated public-securities portfolio. Bottom-up fundamental analysis. Selective use of options for income and entry discipline.

CFO Advisory Services
Hands-on financial leadership for emerging companies — interim CFO, cash-flow management, capital raising, IPO readiness, and AI-augmented financial modeling.

Active Management of Listed Securities

Actively guiding investments through fundamental analysis and disciplined position construction.

Bottom-Up Analysis

We employ a rigorous bottom-up fundamental analysis approach, utilizing discounted cash flow models, earnings multiples, and free cash flow yields to ensure informed investment decisions.

Management Quality

Assessing management quality and capital allocation is vital. We prioritize insider transactions and track management changes to gauge company health and strategic direction.

Options Strategies for Income Generation

Covered Calls

Generating income while retaining ownership of stocks.

Cash-Secured Puts

Acquiring stocks at a discount through options.

Defined-Risk Spreads

Expressing targeted views with limited capital commitment.

Active Positions and Realized Exits

Returns on prior realized exits have ranged from 2x to 9x invested capital.

Active Positions

  • Pace Funding / Home Run FinanceFinancial-technology home improvement lending.
  • MedilogixDurable medical equipment leasing via EBX MX.

Realized Exits

  • LifeLockIdentity protection services (sale to Norton).
  • SolarCitySolar power for consumers (initial public offering).
  • Digital PersonaBiometric identity, owner of Apple's non-mobile fingerprint technology (sold to Crossmatch in 2014; Ron Warrington served as Chairman).
  • Healtheon → WebMDFounding investor; merged into WebMD; NASDAQ initial public offering.

CFO Advisory for Emerging Companies

Actively supporting executive and financial professionals for success.

Advisory Support

Pre-revenue investment experience adds value to executives working through operational issues, IPO preparation, fundraising, supplier relationships, compensation, and board structure.

Emerging Business Development

Strategic guidance for early-stage and growth-phase companies navigating product-market fit, capital structure, and operational scaling.

Financial Support

Experience modeling and managing corporate finance: CFO support and interim services, cash flow management, financial distress advisory.

AI Services Integration

Experience integrating artificial intelligence into chief financial officer modeling, support, and interim services.

Public-Company / IPO Experience

Board of Directors, senior executive, and staff advisory. Shepherding companies through the initial public offering process (Draft Registration Statement, Form S-1, and SPAC), including chief financial officer of a $300 million NASDAQ SPAC and an ASX-listed company. Investor relations, board processes, compensation structure, finance, and regulatory guidance.

Industries We Focus On

• Financial technology
• Software & technology
• Semiconductor equipment
• Healthcare (non-pharmaceutical)
• Energy: green technology & procurement

Three decades of finance, operating, and investing experience.

Ron Warrington

Managing Partner
San Francisco, California

Three decades in finance, executive management, and investing. Public-company chief financial officer experience includes Pivotal Systems (ASX-listed, sold to private equity) and the initial public offering of a $300 million NASDAQ SPAC. As Chairman, led Digital Persona's sale to Crossmatch in 2014. As President, took CCIX public on NASDAQ in 1993. Now focused on Sandy Hill Partners' public-securities investing.

Bachelor of Arts in Economics, University of California Berkeley · Master of Business Administration, Harvard Business School

Bob Kamm

Venture Partner
Quincy, Massachusetts

A seasoned entrepreneur, financial analyst, and advisor. Bob has founded and exited several technology companies and now supports entrepreneurs on strategy, software and technology, fundraising, and financial structure.

Master of Business Administration, UCLA

Sandy Hill Partners, LP

For information on our investment management or CFO advisory services, please contact us directly.

Headquarters
San Francisco, California 94118
Download Our Firm Overview (PDF)