Anthony Sotirhos
Anthony Sotirhos
Current
Principal
September 2018 - Present
Lead portfolio construction efforts for the firm’s largest institutional accounts. Collaborate with company Founder to construct concentrated 40 stock portfolios for both the International and Global strategies. Primary idea generating analyst focused on identifying good/improving businesses, with a long runway to compound capital, priced attractively on an absolute and relative basis.
Since joining, firm equity AUM has increased from ~50MM USD to ~600mm USD. International Strategy comprises 90% of AUM. (2019: +230bps vs EAFE benchmark, 2020: +255bps vs EAFE).
Trained and manage a junior analyst to support research process/additional client needs. Substantial client facing responsibilities in the form of direct meetings and conference calls with both existing clients and prospects.
Since joining, firm equity AUM has increased from ~50MM USD to ~600mm USD. International Strategy comprises 90% of AUM. (2019: +230bps vs EAFE benchmark, 2020: +255bps vs EAFE).
Trained and manage a junior analyst to support research process/additional client needs. Substantial client facing responsibilities in the form of direct meetings and conference calls with both existing clients and prospects.
Buyside, Equities
Purchase, NY
Generalist
Hedge Fund, Asset Mgmt, Research
Past
Analyst
September 2017 - September 2018
Conduct deep fundamental research on individual companies and industries with a focus on under-followed special situations where there is potential for capital structure transformation over time. Primary focus on the materials, industrials, consumer, and technology sectors with the flexibility to invest across the capital structure.
Focus on powerful secular themes, coupled with rigorous financial analysis to identify fundamental drivers of change (i.e., pricing trends, market size, operating leverage). Significant emphasis on cash flow generation and capital deployment as value drivers.
Focus on powerful secular themes, coupled with rigorous financial analysis to identify fundamental drivers of change (i.e., pricing trends, market size, operating leverage). Significant emphasis on cash flow generation and capital deployment as value drivers.
Equities, Hedge Fund, High Yield / Distressed
New York City
Generalist
Hedge Fund, Asset Mgmt, Research
Analyst
March 2015 - September 2017
• Generate actionable long/short proprietary trading recommendations across multiple industries. • Identify and follow a universe of current and potential bankruptcy candidates, with a focus on balance sheet structure and range of recoveries to debt/equity. • Monitor industry trends and key company-specific fundamental drivers for potential deviations from consensus views.
Equities, Hedge Fund, High Yield / Distressed
Westchester
Generalist
Hedge Fund, Asset Mgmt, Research
Analyst
September 2013 - March 2014
• Executed a concentrated event-focused equity strategy investing in small and mid-cap stocks, predominantly in the
industrial and consumer discretionary sectors.
• Differentiated investment approach to the classical ‘event-driven’ strategy focused on a longer-duration investment horizon.
• Identified company-specific events that would drive the market price towards the business’ intrinsic value when the catalyst
surfaces. Catalysts include an acquisition, divestiture, change in balance sheet structure or material change in ongoing
fundamentals.
industrial and consumer discretionary sectors.
• Differentiated investment approach to the classical ‘event-driven’ strategy focused on a longer-duration investment horizon.
• Identified company-specific events that would drive the market price towards the business’ intrinsic value when the catalyst
surfaces. Catalysts include an acquisition, divestiture, change in balance sheet structure or material change in ongoing
fundamentals.
Buyside, Equities, Hedge Fund
New York City
Consumer, Industrial
Hedge Fund, Asset Mgmt, Research
Analyst
July 2010 - June 2013
• Generated investment ideas across multiple industries, targeting companies with high/improving returns on capital,
significant free cash flow generation, overcapitalized balance sheets, or significant asset value, where the public market
valuation is at a material discount to intrinsic value.
• Lead Analyst for the firm’s investment and subsequent board engagement of Flowserve (FLS).
o Investment thesis based on an analysis of the company’s earnings power and cash flow generation coupled with an
overcapitalized balance sheet. Our discussions led to a commitment to accelerate capital returns to shareholders in the
form of dividends and buybacks. In addition the company agreed to de-stagger the board.
o Supported our company Chairman by creating multiple models and presentations to illustrate the financial impact of
certain transactions. Helped formulate firm strategy for the activist campaign.
significant free cash flow generation, overcapitalized balance sheets, or significant asset value, where the public market
valuation is at a material discount to intrinsic value.
• Lead Analyst for the firm’s investment and subsequent board engagement of Flowserve (FLS).
o Investment thesis based on an analysis of the company’s earnings power and cash flow generation coupled with an
overcapitalized balance sheet. Our discussions led to a commitment to accelerate capital returns to shareholders in the
form of dividends and buybacks. In addition the company agreed to de-stagger the board.
o Supported our company Chairman by creating multiple models and presentations to illustrate the financial impact of
certain transactions. Helped formulate firm strategy for the activist campaign.
Buyside, Equities, Hedge Fund
Greenwich
Generalist
Hedge Fund, Asset Mgmt, Research
Vice President
September 2008 - December 2009
Buyside, Equities
New York City
Financial Services, Media, Telecommunications
Hedge Fund, Asset Mgmt, Research
Analyst
July 2005 - September 2008
Equities, Sellside
Rye
Media
Hedge Fund, Asset Mgmt, Research
Education
New York University
BA / BS, July 2005