.jpg)
The latest news on investment offers, financial products and other services relevant to wealth advisors and their clients.
Eric Starza Group
Eric Sterza Investments, a unit of Geneva-based Eric Sterza Group, is expanding its partnership with Crawford Fund Management to launch a long-only version of the Strategic Long Short fund, the company said in a statement.
The new fund focuses on U.S. owner-operators and has adopted a long-short strategy since its inception in November 2022.
Although owner-managed companies tend to be companies that receive little coverage from Wall Street analysts, they account for 10 to 15 percent of the U.S. public stock market, and most of them are small and mid-cap stocks.
An independent analysis of whether a company meets the team’s “owner-managed” criteria is a prerequisite for investing, but it is not sufficient. Crawford closely examines a company’s positioning based on the environment in which it operates, its potential for free cash flow generation, the quality of its balance sheet, fundamental valuation and the quality of its management team. The Strategic US Opportunities Fund’s portfolio will include between 20 and 50 positions.
“We’re looking for the best of the small and mid-cap U.S. stocks,” said Christopher Crawford, chief information officer at Crawford Fund Management Inc. “We’re always looking for companies with the right business model, at the right price, and run by the right people.”
“The fund offers a unique way to invest in US blue-chip companies. Our goal is for Crawford to continue to outperform the US market, as it has done over the past 15 years,” added Andreas Söderholm, head of Eric Sturza Investments.
Arcmont, Carne
Arcmont Asset Management (Arcmont for short), a London-based European private debt investment firm, has received regulatory authorisation from the UK Financial Conduct Authority to launch a Long Term Asset Fund. Carnet Global Fund Managers (UK) Ltd (Carnet for short) is the authorised company director of LTAF.
LTAF is open-ended and provides investors with liquidity and exposure to European direct lending opportunities through a Luxembourg fund. LTAF is only accessible to professional investors.
Founded in 2004, Carne operates in many countries. As one of the most prominent third-party management companies in Europe, it serves over 650 clients, ranging from boutique fund managers to global institutional investors.
Arcmont was acquired by Nuveen, an investment management company of TIAA, in 2023. Arcmont was founded in 2011 as the private debt arm of BlueBay Asset Management and has raised more than 29 billion euros ($31.1 billion) in capital.
