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KI

KESTREL INVESTMENT MANAGEMENT CORP

SEC Registered

UNIQUE STRATEGY. HISTORY of RESULTS.

SAN MATEO, CAhttps://kestrelinvestment.com650-572-9450
Assets Under Management
$100M–$500M
Employees
7
Office Locations
1 office
Total Accounts
9

About the firm

Kestrel Investment Management is a small-cap equity manager with a unique, value-oriented approach, and a history of delivering consistent excess return over the course of a market cycle. They focus research on identifying companies where management is actively working on behalf of the shareholder, selecting stocks from companies undergoing voluntary restructurings.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

High Net WorthPooled VehiclesPension/Profit Sharing

Areas of expertise

Small-cap EquityValue InvestingVoluntary RestructuringsLow BetaDomestic Equity

Services

Small-cap equity management with a value-oriented approach, focusing on companies undergoing voluntary restructurings

Who they serve

Investors desiring exposure to domestic small-cap equity

Client segmentClientsAssets managed
High Net Worth Individuals6$60M
Pension/Profit Sharing Plans1$17M
Charitable Organizations1$87M
State/Municipal Entities1

0 total clients reported on Form ADV.

Leadership

David J. Steirman
PRESIDENT
Abbott J Keller
CHIEF INVESTMENT OFFICER
Thomas Edward Stickley
CHIEF COMPLIANCE OFFICER

Office locations

1 office in 1 state
CA
SAN MATEOHQ

Advisors at this firm

1 advisor in the directory

Regulatory & compliance

CRD number
#106789
SEC Number
801-43351
Disciplinary History
No
Fee Model & Minimums
Model: AUM
Minimum: $10,000,000 (waivable)
Asset tierAnnual rate
Non-Institutional First $3,000,0001.25%
Non-Institutional Balance1.00%
Institutional All Assets1.00%

Data as of March 24, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. KESTREL INVESTMENT MANAGEMENT CORP has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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