Marcel Herbst

Founder at

Herbst Capital Management LLC

55 year

Consumer Services

Finance

Profile

Marcel Herbst is the founder of Herbst Capital Management LLC, serving as Portfolio Manager since 2008.
Former positions include Director at Hilton La Jolla Torrey Pines, Independent Director at Noble Roman's, Inc. from 2016 to 2025, and Director-Food & Beverage at Hilton Worldwide Holdings, Inc. from 2004 to 2006.
Education includes a graduate degree from Cornell University.

Marcel Herbst active positions

Companies	Position	Start
Herbst Capital Management LLC Herbst Capital Management LLC Investment ManagersFinance Herbst focuses on superior risk adjusted returns derived through building highly concentrated positions in low-risk, high-reward opportunities. Their investment approach is centered on deep fundamental analysis to gain an informational edge in smaller, under-followed, publicly traded companies. Herbst portfolio typically consists of concentrated positions in less than 10 well research companies.	Founder	2007-12-31

All active positions of Marcel Herbst

Former positions of Marcel Herbst

Companies	Position	End
NOBLE ROMAN'S, INC.	Director/Board Member	2025-09-15
HILTON WORLDWIDE HOLDINGS INC.	Corporate Officer/Principal	2006-09-30
Hilton La Jolla Torrey Pines Hilton La Jolla Torrey Pines Hotels/Resorts/Cruise linesConsumer Services Operates as a hotel	Corporate Officer/Principal	-

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Linked companies

Private companies	5
Noble Roman's, Inc. Noble Roman's, Inc. RestaurantsConsumer Services Operates and franchises family restaurants	Consumer Services
Herbst Capital Management LLC Herbst Capital Management LLC Investment ManagersFinance Herbst focuses on superior risk adjusted returns derived through building highly concentrated positions in low-risk, high-reward opportunities. Their investment approach is centered on deep fundamental analysis to gain an informational edge in smaller, under-followed, publicly traded companies. Herbst portfolio typically consists of concentrated positions in less than 10 well research companies.	Finance
Hilton Worldwide Holdings, Inc. Hilton Worldwide Holdings, Inc. Hotels/Resorts/Cruise linesConsumer Services Operates as a holding company, which provides hospitality services	Consumer Services
Hilton La Jolla Torrey Pines Hilton La Jolla Torrey Pines Hotels/Resorts/Cruise linesConsumer Services Operates as a hotel	Consumer Services
Cornell University Cornell University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services