Thu, Apr 19, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Texas-based value manager places all bets on small caps

Tuesday, May 09, 2017

amb
Chris Colvin
Benedicte Gravrand, Opalesque Geneva for New Managers:

A Dallas-based emerging manager talks about his passion for small caps and sticking to your guns - namely, staying concentrated and resisting the siren call of high AuM.

Breach Inlet Capital Management invests in North American small caps going through transformative changes. The long/short equity strategy began investing in March 2016.

Founder Chris Colvin, a former family office portfolio manager, comes from a long line of entrepreneurs and has always wanted to start his very own venture. For this, he followed his passion in small cap stock picking. And he feels his strategy has what it takes to stand out from the crowd.

"If you look at today's landscape, active managers are taking a lot of flak right now, in part a result of an eight-year bull market," he tells Opalesque. "I think sentiment will reverse as this bull market comes to an end, whenever that is. But I also agree with the critics that there are far too many large managers chasing the same ideas without much conviction; it's really difficult to create alpha when you become the market."

So his solution was to create a firm that exclusively targets North American companies with less than $3bn of market cap, and evaluates these through primary research. Another differentiating factor of his approach is that it only invests in s......................

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its