Interview: Chad Anderson, founder, North Lion Capital Management

Even during a year unlike any other, Minneapolis-based North Lion Capital Management found success and opportunities to grow. Chad Anderson founded the hedge fund in 2016 after spending several years at Piper Jaffray Cos., now called Piper Sandler Cos. North Lion primarily focuses on small-cap investing, allowing the fund to be flexible in its investments and address a need that Anderson identified when launching the fund. “People are kind of fascinated by hedge funds and the hedge fund industry, but there’s not a lot of opportunities to invest in them locally in Minneapolis,” says Anderson. The investments are typically in the technology sector, along with energy, consumer, and financial services sectors. But Anderson has his eye on other sectors, including health care and communication infrastructure, due to ongoing government interest and possible subsidies. “We think the potential for an infrastructure bill that may include a lot of money targeted towards that area, as well, could be a nice tailwind for those companies,” Anderson told Reporter Kelly Busche in this episode of Beyond the Skyline.