Managing AUM less then 100M

Chaplin Capital’s investment strategy is event-driven and value-oriented, specializing in the identification and analysis of securities likely to experience a change in value resulting from market catalysts. The firm’s investment activities may be classified under three strategies:
Merger arbitrage – mergers, acquisitions, buyouts, hostile takeovers
• Special situations – restructurings, spin-offs, litigation, short sales
• Undervalued securities with a catalyst – management change, shareholder activism, industry consolidation
Chaplin Capital, LLC focuses on microcap to large-cap companies in developed countries, excluding Asia. The firm is highly selective and opportunistic with its investments, which can minimize market risk and create a lower correlation with overall markets. Our approach requires deep fundamental research and analysis. The firm has achieved its results with little to no leverage and a disciplined approach to risk management. Options are often deployed to minimize beta and maximize alpha.

 
Doug-Walker:
Chaplin Capital’s investment strategy is event-driven and value-oriented, specializing in the identification and analysis of securities likely to experience a change in value resulting from market catalysts.
How many people are there in the fund? If you/they are running a regular fee structure (2/20) yet your AUM is over 25m (SEC threshold), the fund is going to have a hard time managing your expenses. Between admin costs and other happy things, I'd recon you need at least 150 AUM to make it these days. That is, unless you have a pass-through structure.

PS. not trying to discourage anyone, simply stating my thoughts

I have a friend who lives in the country, and it's supposed to be an hour from 42nd Street. A lie! The only thing that's an hour from 42nd Street is 43rd Street!
 

Less than 100M? Jesus is this like kindergarten where you’re required to bring in supplies? 2 reams of paper and a box of Kleenex is required by each analyst, and you bum WiFi from your neighbor.

There are FAs that have a book of over 100M in PWM

26 Broadway where's your sense of humor?
 
Best Response
TippyTop11:
Less than 100M? Jesus is this like kindergarten where you’re required to bring in supplies? 2 reams of paper and a box of Kleenex is required by each analyst, and you bum WiFi from your neighbor.
To be fair, we don't know much about their strategy metrics. Maybe they have things in their mosaic that are extremely valuable. I know people that are managing under 10 bucks of their own cash and are making 3-5 a year with a pretty decent Sharpe. That type of a gig certainly beats most jobs that people get at "adult" funds.
I have a friend who lives in the country, and it's supposed to be an hour from 42nd Street. A lie! The only thing that's an hour from 42nd Street is 43rd Street!
 

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26 Broadway where's your sense of humor?

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