Stewart Strawbridge is an experienced wealth management professional who has served as managing member of Selkirk Partners since co-founding the firm in 2008. Under Stewart Strawbridge’s direction, Selkirk focuses on a global long-short equity investment strategy.
In brief, the term “long-short” applies to any equity strategy that involves taking long investment positions in undervalued stocks that should appreciate in worth, while concurrently taking short investment positions in overvalued stocks that should decrease in worth. Long-short equity strategies are particularly popular among hedge funds, which often take a market-neutral approach that distributes capital equally between the long and short categories. Other hedge funds take a more conservative long-short investment approach with a relatively long bias. A good example of this is the 130/30 strategy, which divides assets under management into 130 percent long positions and 30 percent short positions. Like other investment strategies, the long-short approach offers potential diversification through the business sector, market geography, and specific value and growth goals.
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An alumnus of Bowdoin College, Stewart Strawbridge holds a bachelor’s degree in classics. For the last 10 years, Stewart Strawbridge has served as a managing member of Selkirk Partners, a firm with a long-short equity investment approach. Selkirk Partners focuses on long-term results by conducting thorough research of markets to understand trends that can cause large end markets to rise or fall. When choosing equities to invest in, the firm’s leaders take a long-term view of what a company can become. Specifically, Selkirk Partners looks at a company’s business model, technology, and product or service offerings and compares them to those of competitors. While the firm takes both short and long positions in public equities, it maintains a long-biased approach under normal market conditions. Selkirk Partners aims for most of its fund’s profits to come from the portfolio’s long side, and its net exposure is typically between 40 and 100 percent of equity. Its owners are the biggest investors in the fund and strive to maintain a close, trusted relationship with investors. Over the course of his career as a financial executive, Stewart Strawbridge has established himself as a leader in the investments sector. Stewart Strawbridge is a managing member of a family office, where he allocates considerable capital to private equity funds.
In the world of private equity, the venture capital fund represents one of the most common organizational structures. In general, venture capital funds operate by purchasing minority stakes in startup companies, most of which conduct business in high-growth sectors such as health care technology and consumer technology. Unlike private equity firms, which make their investments based on cash flow considerations, venture capital funds identify companies with raw technical talent and help them commercialize their technologies. Venture capital funds may also invest in late-stage companies, which have typically proven their feasibility and require additional funding to scale their operations. In addition to teaching portfolio companies how to expand operations such as finance and marketing, venture capital funds connect companies with top technical and managerial talent. |
AuthorStewart Strawbridge rode The Bruce to victory in the 111th running of the Maryland Hunt Cup in 2007 Archives
December 2019
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