Letters to shareholders


Download all shareholder letters and memos by clicking here.

River Oak Capital
2022H1 Letter to shareholders
2021 Letter to shareholders
2021H1 Letter to shareholders
2020 Letter to shareholders
2020FY Update
2020H1 Letter to shareholders
2019 Letter to shareholders
2019FY Update
2019H1 Letter to shareholders
2018 Letter to shareholders
2018FY Update
2018 November Memo to shareholders
2018H1 Letter to shareholders
2017 Letter to shareholders


Zen Capital Family Partnership
2016 Letter to partners
Nov-2016 Comments on the U.S. Election
2016-H1 Letter to partners
2015 Letter to partners
Apple writeup (from 2013 Letter)

Zen Capital Family Partnership is a family office that was started in January 2013 and is managed by River Oak Capital's founder and CEO Daniel Glaser. It uses the same investment strategy as River Oak.