ibis fund / strategy
Investment Approach:
- Avocet Fund is a deep value and special situations strategy
- Avocet Fund invests in securities that are significantly undervalued relative to what we have determined to be their intrinsic worth
- Identify undervalued companies from a universe of underfollowed, "orphaned" and misunderstood opportunities
- Investment Universe: over 40,000 small and mid-cap companies traded globally
- Utilize financial statement analysis and rigorous bottom-up company research to uncover hidden value opportunities
- Manage a concentrated, long-biased portfolio of approximately 8-20 high conviction ideas
- Mitigate downside risk through rigorous scenario analysis, portfolio construction, and select hedging techniques