Cable Car Capital LLC is a registered investment adviser in San Francisco. From 2013-2018, Cable Car offered its concentrated, hedged value investing strategy through separately managed accounts. In October 2018, the firm launched The Funicular Fund, LP, a hedge fund employing a similar approach. Partnership interests in The Funicular Fund are available only to accredited investors. Like a cable car or funicular traveling over steep hills, ascending at a measured pace and avoiding a precipitous descent, Cable Car seeks to achieve absolute returns through both rising and declining markets.