The Equine Growth Fund, led by managing director Stefan Pardi, is making significant strides in thoroughbred investment, having returned a 58% profit to shareholders just over a year after its inception. At the Inglis Classic Yearling Sale, the fund purchased a Harry Angel colt for $540,000, marking the highest-priced lot so far and reflecting its strategy to acquire a mix of racehorses and breeding stock. With $16 million already committed for 2026 and plans to buy up to 100 horses, the fund operates under stringent institutional governance, aligning Pardi’s personal investment with that of shareholders to ensure disciplined and transparent management.
The Inglis Classic Yearling Sale itself showed strong results, with a total turnover of $39.265 million after two days, up $3 million from the previous year, and an 84% clearance rate. Industry confidence appears to be growing amid greater economic certainty, contributing to higher average prices and robust buyer participation. Trainers like Bryce Heys are taking a long-term approach with promising prospects, while vendors like Kirks Bridge Farm celebrated record sales, highlighting the positive momentum in the bloodstock market.
