Marcel Herbst, CFA

Experience

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  InterContinental The Barclay New York

  Jan 1998 - Jan 2000

  Banquet Manager
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  Hilton La Jolla Torrey Pines

  Jan 2000 - Jan 2002

  Director of Meetings & Conventions
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  Doubletree Paradise Valley Resort

  Jan 2002 - Jan 2004

  Director of Food & Beverage
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  Hilton Chicago

  Sept 2004 - Oct 2006

  Director of Food & Beverage

  In charge of the Food & Beverage Department at the Hilton Chicago. $42M annual F&B revenue / 250 F&B employees / 1540 room hotel

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  Herbst Capital Management, LLC

  Jan 2008 - now

  Portfolio Manager, Owner

  UPDATE 2024: Going forward, my firm only accepts investments from friends and family, managed in individual client accounts.Herbst Capital Management, LLC is a hedge fund that invests in publicly traded companies worldwide. Our investment strategy is centered on deep fundamental analysis. We seek out promising risk/ reward scenarios in smaller companies that tend to fly under the radar, otherwise known as micro-cap / small cap companies. Our fund concentrates its assets on three key factors within companies: 1) changes in business fundamentals that are not yet reflected in the stock prices, 2) a discount to intrinsic value that provides a margin of safety, and 3) ethical and smart leadership. We intentionally avoid over-diversification so as not to dilute our clients’ return potential, focusing instead on somewhere between 5-10 asset-light companies, which we expect to generate significant free cash flow in the years to come. Integrity, discipline and determination anchor and define the team at Herbst Capital Management, LLC. Show less

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  Herbst Capital Partners, LLC

  Jan 2008 - now

  General Manager

  UPDATE 2024: Going forward, my firm only accepts investments from friends and family, managed in individual client accounts.Herbst Capital Partners, LLC is the Manager of Herbst Capital Management, LLC