Corporate Events
Spin-offs, split-offs, M&A arbitrage, and rights offerings.
Equity Strategy
Opportunistic Equity.
A high-conviction, event-driven strategy focused on special situations, market dislocations, and hard catalysts.
All Strategies Strategy Architecture
Opportunities found where markets become untidy.
The strategy seeks to exploit temporary mispricings during stress, structural change, and complex corporate events while maintaining strict position sizing and risk review.
15.2%
5-Year CAGR
0.72
Sharpe Ratio
$10M
Minimum
2014
Inception
Investment Discipline
The mandate, in plain terms.
Efficient markets can break down during periods of stress, structural change, or complex corporate events. Opportunistic Equity seeks to exploit those inefficiencies.
Capital is deployed where complexity premiums exist, including spin-offs, post-reorganization equities, and sectors trading at historical valuation troughs with hard catalysts.
Opportunity Sets
Catalysts, dislocations, and disciplined sizing.
Dislocations
Oversold sectors, liquidity-driven sell-offs, and fallen angels.
Restructuring
Post-bankruptcy equities and operational turnarounds.
Performance Record
Performance History
Compared with an S&P 500 / HFRX reference blend.
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| YTD 2025 | +18.4% | +11.2% | +7.2% |
| 1 Year | +22.1% | +14.5% | +7.6% |
| 3 Years Ann. | +14.8% | +10.1% | +4.7% |
| 5 Years Ann. | +15.2% | +11.8% | +3.4% |
| Since Inception | +13.9% | +9.5% | +4.4% |
Operating Standard
A high-conviction mandate with firm guardrails.
The strategy can pursue complexity, but it does not confuse activity with edge. Each position requires a defined catalyst, downside case, and portfolio-level risk contribution.
- Hard catalyst mapping before position entry
- Strict sizing for idiosyncratic and liquidity risk
- Event review cadence for catalyst progress and exit timing
IMPORTANT DISCLOSURES: This strategy involves a high degree of risk, including the potential for significant loss of principal. It may invest in distressed securities, small-cap stocks, and international assets, which carry higher volatility. The strategy is concentrated, meaning idiosyncratic events can have a material impact on performance.