HoldCo Asset Management and affiliates were launched in July 2011 with a focus on opportunistically but at the same time patiently investing in complex and often misunderstood situations in order to generate strong risk-adjusted returns. We have no set-in-stone requirements for investments. We believe that what differentiates us is an absolute value philosophy combined with a willingness to do the work necessary to quickly develop conviction on investments that may exhibit undesirable characteristics. For example, typical investments may lack an active trading or secondary market, may be extremely structurally complex and document-intensive, may lack a clear path to unlocking ostensibly trapped value, or may be non cash-flowing. This approach enables us to very often be the best buyer of orphaned and out-of-favor instruments and in so doing create significant value for sellers of these securities in the primary or secondary markets. We will invest in any industry and across the capital structure in debt, hybrid, or equity securities.
Assets Under Management
HoldCo Asset Management and affiliate HoldCo Advisors manage approximately $500 million in regulatory assets under management. Our limited partners include endowments and family offices. We do not employ leverage and do not require any third party approvals to fund purchases.
Our typical investment size is between $3 million and $40 million, but we are able to make investments as small as $1 million and, together with our limited partners, much larger than $40 million.