Planet MicroCap Podcast | MicroCap Investing Strategies

Know Your Edge with Jordan Zinberg, President & CEO of Bedford Park Capital

Aug 7, 2025

Jordan Zinberg, President & CEO of Bedford Park Capital, specializes in concentrated small and mid-cap investing in Canada. He shares insights on achieving a remarkable 58.6% return in 2024 and discusses his strategy of identifying high-growth companies in inefficient markets. Jordan reveals his disciplined approach to portfolio construction and position sizing, emphasizing the importance of building conviction in investments. He highlights his top performers and offers advice for new investors to focus on finding their edge and managing risk effectively.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Canada As A Home-Court Edge

Jordan focuses exclusively on Canada because it gives him a home-court informational edge and many overlooked small-cap opportunities.
He targets high-growth companies (typically ~20%+ growth) trading at reasonable multiples to capture both earnings growth and multiple expansion.

INSIGHT

High Growth Plus Reasonable Valuation

Bedford Park looks for the intersection of high growth and reasonable valuation because growth alone attracts premium multiples.
Finding small, under-followed growers lets them capture outsized returns when coverage and multiples expand.

INSIGHT

Concentration As An Alpha Engine

The fund holds 15–25 names but concentrates top positions into double-digit weights to generate alpha.
Jordan prefers concentration to own meaningful stakes in his best ideas rather than dilute capital across marginal picks.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

My guest on the show today is Jordan Zinberg, President & CEO of Bedford Park Capital. Jordan leads the Bedford Park Opportunities Fund, a highly concentrated, Canada-focused small and mid-cap equity strategy.

In this episode, Jordan shares how his fund delivered a 58.6% return in 2024, net of fees and expenses, and was named Best One-Year Return at the Canadian Hedge Fund Awards with a 73% return over the 12 months ended June 30, 2024. We also discuss the firm’s annualized return of 18.4% since inception in 2018.

Jordan walks us through the firm’s signature approach—identifying high-growth companies trading at reasonable valuations in a deeply inefficient market. We talk about how he builds conviction through intensive research, how he sizes positions (starting small and pyramiding up), and why bad average-down decisions are rare.

We take a close look at his biggest winners—Propel Holdings, Source Energy Services, and Enterprise Group—and examine how early theses, growth acceleration, and multiple expansion fueled outsized returns in 2024. Jordan emphasizes building your edge, knowing what you own, and structuring your portfolio with conviction and concentration.

For more information about Bedford Park Capital, please visit:

https://bedfordparkcapital.com/

You can follow Jordan Zinberg on Twitter/X @BedfordParkCap: https://x.com/BedfordParkCap

Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I’ve provided the link in the description if you’d like to subscribe. You’ll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast.

Subscribe here: http://bit.ly/1Q5Yfym

Click here to rate and review the Planet MicroCap Podcast

The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market.

You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft