Opportunistic
Equity.
A high-conviction, event-driven strategy focused on special situations and market dislocations. We target asymmetric upside by capitalizing on temporary mispricings and hard catalysts.
15.2%
5-Year CAGR
0.72
Sharpe Ratio
$10M
Minimum Inv.
2014
Inception
Investment Philosophy
Efficient markets often break down during periods of stress, structural change, or complex corporate events. Our Opportunistic Equity strategy seeks to exploit these inefficiencies. We are not index huggers; we are absolute return seekers.
We deploy capital where others cannot or will not—focusing on complexity premiums. Whether it is a spin-off with forced selling, a post-reorganization equity, or a sector trading at historical valuation troughs, we look for hard catalysts that unlock value regardless of the broader market direction.
Opportunity Sets
Corporate Events
Spin-offs, split-offs, M&A arbitrage, and rights offerings.
Dislocations
Oversold sectors, liquidity-driven sell-offs, and "fallen angels."
Restructuring
Post-bankruptcy equities and operational turnarounds.
Performance History
vs S&P 500 / HFRX| 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% |
Strategy Details
- Asset Class
- Special Situations
- Style
- High Conviction
- Holdings
- 15-25
- Risk Profile
- Aggressive
- Liquidity
- Monthly (30 days)
- Fee Structure
- 1.5% + 15%
Portfolio Manager
Elena Rostova
Head of Special Situations
20 years of event-driven investing. Previously Senior PM at Third Point. Expert in shareholder activism and corporate restructuring.
Interested in this Strategy?
Download the full factsheet or schedule a discussion with our investment team.
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. Past performance is not indicative of future results.