Wilbur Ross (Trades, Portfolio) is the founder of WL Ross & Co. LLC, an investment firm that turns around distressed assets. Founded in 2000 with $440 million in startup funds, it now has over $7 billion in assets under management. Ross’ current investment themes are: energy, financial services, health care, heavy materials and transportation.
Ross’ stock portfolio contains nine stocks with a value of $866 million. The preponderance of it is invested in a single stock, Navigator Holdings (NVGS), at 53.2%. He also expressed interest in European opportunities last week and became vice chairman of Bank of Cyprus (ATH:BOC) in November. Continue Reading »