Sat, Jun 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Active Owners Fund (28% in ’13, +7% YTD) prefers small cap market

Monday, March 24, 2014

amb
Ben Terk
Benedicte Gravrand, Opalesque Geneva for New Managers:

The Active Owners Fund (AOF) is a deep value, event driven, long/short fund investing in North American small cap opportunities. The fund was launched in January 2011 and returned -4.9% that year, 24% in 2012, 28.5% in 2013, and it is up 6.9% YTD (to end February). One of the portfolio managers talks to Opalesque about the fund strategy and opportunities in the small cap market.

The founders and portfolio managers of the AOF, at AOF Management LLC, which has offices in Los Angeles and New York, are Joe Pretlow, who has invested in small caps for 20 years and who previously ran JPC, a private equity investment firm, and Ben Terk, who was a partner at Rho Capital for 10 years, where he led numerous minority investments and played an active role on several boards. They set up the firm in November 2009.

"First and foremost, we are small cap deep value investors seeking event driven opportunities," Ben Terk tells Opalesque during a recent interview. "However, once we develop sufficient conviction around our portfolio companies, we will regularly seek to raise the institutional profile of our companies with other like-minded public or private investors. As result, we have had a number of our portfolio companies taken private."

The two portfolio managers have a private equ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  2. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  3. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  4. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  5. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to