Headquartered in Houston, Texas, Piedra Capital was founded in 1993 by S. Peter Hidalgo, II as a limited liability corporation under the laws of the State of Texas. Piedra Capital is an Independent Registered Investment Advisor and has been registered with the Securities and Exchange Commission since June 30, 1993.
The firm's team of investment professionals manage Prudent GrowthTM and Large Cap Core. Prudent GrowthTM is Piedra's flagship strategy which has been offered to clients since the inception of the firm in 1993. Large Cap Core was developed in 1999 to suit the needs of clients who desire a core-diversified portfolio of larger capitalization companies.
Prudent GrowthTM is constructed with companies exhibiting earnings growth faster than the market, reasonable price relative to earnings prospects, strong revenue growth and conservative financials. This product's focus is on companies with market values of between $1 billion and $15 billion, because they inherently demonstrate the investment characteristics that are appealing and have survived the rigors of competition that can prove too substantial for less capitalized companies.
Large Cap Core is constructed with companies exhibiting total return potential faster than the market, realistic valuations, improving revenue trends and conservative financials. This product's focus is on mature companies with market values greater than $10 billion, because they have greater access to the capital markets, typically have considerable retained earnings and offer greater liquidity.
Piedra Capital manages assets for a diverse clientele that includes high net worth individuals, public funds, corporate pension plans and foundations. Our priority is to help our clients attain their financial goals by prudently investing their assets, while providing them with the highest possible level of service.
