avocet shorebird

avocet investment approach shorebird 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