Samantha McLemore launched Patient Capital Management, LLC in 2020 to bring her differentiated approach to value investing to the institutional market. Samantha worked for over two decades investing side by side with famed value investor Bill Miller. Patient Capital was initially a division of Miller Value Partners. In 2023 when Miller retired, Patient Capital acquired Miller Value Partner’s Opportunity Equity retail strategy, which Samantha had co-managed with Miller for nearly a decade. Now, the same team at Patient Capital manages retail and institutional capital.
Patient Capital is a multi-billion-dollar asset management firm located in Baltimore, Maryland. Patient Capital manages the Patient Opportunity mutual fund (LMNOX), a private fund (Patient Partners) and separately managed accounts. Samantha started her career as an analyst at Legg Mason Capital Management. She managed portfolios at both Legg Mason and Miller Value Partners prior to starting Patient. She received her CFA designation in 2005 and graduated magna cum laude from Washington & Lee University.
In 2019, 2020, and 2021 Samantha received Sauren Gold medals for excellent Fund management. In 2017, she was named one of Baltimore’s 40 Under 40. Samantha has been featured in The New York Times, The Wall Street Journal, Bloomberg, Barron’s, and others. She’s been featured on numerous podcasts including Richer, Wiser Happier and Masters in Business. Samantha has spoken at conferences by Columbia University, the CFA Society New York, and 100 Women in Finance.
Samantha serves on the Board of Improving Education, a nonprofit focused on early childhood literacy. She is a member of the Board of Trustees at Washington & Lee University, where she chairs the Investment Committee and serves on the Executive Committee.
