Steven Fullerton

Provides brokerage services

Philadelphia Financial seeks to maximize total returns by investing predominantly (but not exclusively) in US and Canadian publicly traded securities of finance companies including banks, thrifts, brokers, asset managers, insurance, mortgage, specialty finance, REITs, homebuilders, financial technology, and other financial intermediaries. Although the predominant emphasis is on the financial sector, they may invest a portion of the fund’s assets in other sectors in which they have investment experience, such as the automotive sector. Philadelphia Financial takes long positions primarily in undervalued small- to medium-sized companies they believe offer attractive investment opportunities while shorting those with deteriorating fundamentals, questionable accounting practices, or flawed business models.

Functions as a College/University

Morgan Stanley Smith Barney Private Management serves as the investment advisor to funds designed to offer qualified investors the opportunity to invest in private equity investment funds-of-funds. The firm does not provide investment advice directly to investors in the funds.

Schonfeld seeks to deliver superior risk-adjusted returns over the long-term. The firm takes a fundamental, bottom-up approach to investing to capture idiosyncratic alpha within their area of expertise.