In November of 1926, a cowboy stumbled across a mammoth skeleton in New Mexico. As archeologists excavated the site, a fluted spear-point was found lodged in the ribs. The site, near Clovis, New Mexico, would lead to the identification of a new group of Paleo-Indians, the Clovis people, and their trademark tool, the Clovis Point.
Long thought to be the first human inhabitants of the Americas, evidence suggests that the Clovis people crossed the Bering Strait from Eurasia into North America over a land and ice bridge roughly 13,500 years ago. A highly adaptive society, evidence of the Clovis people is found from Alaska to Pennsylvania to as far south as Venezuela. Though the Clovis people only appear in the archaeological record for four centuries, roughly 80% of all Native American people can trace their origins to the Clovis people.
Originally thought to be big game hunters, Clovis people relied mostly on foraging for plants, hunting small mammals and fishing. Their most well-known tool is the Clovis Point, however, it was only part of tool kit that included scrapers, blades, drills and needles that enabled the Clovis culture.
Not unlike the Clovis culture, Clovis Point Capital believes that in order to be successful, we must have the ability to be flexible and adaptable in a wide variety of business environments, and to utilize a range of tools to address and overcome the wide array of situations that face businesses in the lower middle-market.