EC

EJF Capital LLC

13F
EJF Capital LLC
Last update 2024-02-16 93 Stocks (12 new)
Value $191.00 Mil Turnover 17 %
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EJF Capital LLC Profile

EJF Capital LLC is an investment management firm based out of Arlington, Virginia. The company was originally established in 2005 by founder Emanuel Joshua Friedman who is still with the company today acting as its CEO. EJF Capital is owned by its employees and has grown from its inception to now operate with 67 employees of which 31 are investment professionals. The company conducts its research internally and invests in the public equity and fixed income markets on a global scale, focusing on United States and developed Asian markets. EJF Capital utilizes an equity long short methodology, allocating its assets across a variety of sectors. The company invests most heavily in the finance sector, which alone makes up almost three quarters of its total asset allocations, and also invests in the real estate and transport sectors, among other sectors to a lesser degree, in order of decreasing allocation. EJF Capital keeps its holdings on an average of 4.3 quarters and has had a turnover rate of 53% in the most recent quarter. The company manages over $8 billion in total assets under management spread across 33 accounts, all of which are discretionary except 3 that make up only $76 million of its total managed assets. Although EJF Capital’s total number of accounts has been somewhat volatile in recent years, its total assets under management has been increasing significantly, growing from just over a quarter of a billion back in 2010 to over 30 times that amount today. The company mainly caters to pooled investment vehicles, which alone makes up two thirds of its client base, and also provides to pension and profit sharing plans, corporations and other businesses, and high net worth individuals, in order of decreasing clientele. EJF Capital takes fees in the form of a percentage of assets and performance based fees.
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