Long / Short Equity
This is arguably the oldest and most prevalent alternative strategy around dating back to 1949 when A.W. Jones established the first hedge fund. Elizabeth Park focuses on the listed equity securities of banks and thrifts within the financial services sector.
Elizabeth Park uses a long only strategy focusing on mid, small and micro-cap U.S. banks in many cases with market capitalization of less than $2 billion and all publicly traded. The goal of the Event Driven fund is to identify the most likely sellers over the next three years.
Since December 2010 Elizabeth Park has created bespoke portfolios for institutional investors in the financial services investment space.