Concourse Capital Management, LLC

Concourse Capital Management, LLC

Concourse Capital Management, LLC
Last update 2020-02-17 24 Stocks (2 new)
Value $95.00 Mil Turnover 17 %
Guru Portfolio Report Download

Concourse Capital Management, LLC Profile

Roystone Capital Management LP is a private investment management firm based out of New York City, New York. The company was originally founded by Richard Robert Barrera, who is still with the company today acting as its Portfolio Manager and Limited Partner, and has grown from its inception in 2012 to now operate with 16 total employees of which half are investment professionals. Roystone Capital Management invests across all major capital structures, utilizing a fundamental and opportunistic methodology to make its investment decisions. The company focuses mainly on the corporations on an international scale but will also selectively invest in non-corporate credit. Roystone Capital Management focuses on investing in a variety of financial instruments including event oriented, long and short equities, performing credit, and others. The company invests most heavily in the information technology sector, which alone makes up almost a third of its total asset allocations, and also invests in the consumer discretionary and health care sectors, each of which make up over a quarter of its total allocations, and also the industrials, utilities and telecommunications, and other sectors to a lesser degree, in order of decreasing allocation. Roystone Capital Management holds its allocations an average of 2.65 quarters and has had, in the most recent quarter, a turnover rate of approximately 40% with its top 10 holdings making up almost two thirds of its total holdings. The company currently holds over $3.8 billion in total assets under management spread across 2 accounts, both of which are discretionary accounts. Although Roystone Capital Management’s total number of accounts has remained steady since the firm’s inception, the company’s total assets under management has been growing, increasing significantly from $670 million back in 2013 to well over five times that amount today. Roystone Capital Management currently caters exclusively to pooled investment vehicles.

Concourse Capital Management, LLC Investing Philosophy

-
EMBED
EMBED

Performance of