About us

About us

We believe companies on the cusp of rapid profit growth are undervalued by the market. We seek to identify under-priced companies at the point of an inflection point, that will enhance their growth prospects and the durability cash flows. From time to time, we will invest in undervalued hard assets when there is a pathway to enhancing their worth. We execute an actively managed research-intensive strategy. Our strategy is “long-biased” and concentrated in up to ten core positions.

Our Founder

Edward Chang, CPA, has been an investor since he was in middle school. He attended the New York University Leonard N. Stern School of Business, graduating with a Bachelor’s degree in Finance & Accounting. In the four years he attended, he also completed a Master’s degree in accounting. Before founding Pledge Capital LLC (“Pledge Capital”) in 2016, he worked at UBS Equity Research covering restaurants. He is currently the Portfolio Manager of Pledge Capital and looks to concentrate capital in highly profitable growth companies trading below their intrinsic value.

Our Firm

Pledge Capital is a registered investment advisor (“RIA”) in New York, that manages separately managed accounts (“SMA”) for clients on a discretionary basis.

Contact Information

Please email – edward.chang@pledge.capital