It’s a tremendous honor to be singled out as a fund that uniquely compounds capital over the long term for its investors.
Austin, Texas (PRWEB) July 01, 2016
Elberon, LLC announced today that BarclayHedge, a global leader in fund performance ranking and assessment, has ranked Elberon Investment Fund, LP as one of the world's top-performing "long bias" equity funds for the three-year period ending on March 31, 2016. As such, it will be featured in its quarterly publication, Barclay Managed Funds Report.
Elberon (http://www.elberonllc.com/), which is managed by Bruce Salomon, ranked number eight globally and number two in the US among more than 230 long-biased funds. All funds ranked had at least $10 million in assets under management and an average net exposure greater than 35 percent. Elberon is the only Texas-based fund that finished in the top ten.
“It’s a tremendous honor to be singled out as a fund that uniquely compounds capital over the long term for its investors,” said Salomon, whose fund also finished in the top ten for the three-year period ending on March 31, 2015 and June 30, 2015.
Value investors search for bargains security by security, analyzing each situation on its own merits. Elberon’s investments are typically under followed by analysts and large institutional investors. Salomon and his team subscribe to the theory espoused by famed investor Joel Greenblatt, who said: “If you spend your energies looking for and analyzing situations not followed closely by other informed investors, your chance of finding bargains greatly increases.”
Elberon Investment Fund, LP
Founded by Bruce Salomon in 2011, Elberon Investment Fund is a Texas-based value fund that makes concentrated investments in mid, small, and micro-cap companies. Salomon, who has more than 20 years of investment experience through multiple market cycles, focuses his team’s efforts on the least efficient part of the market where hard work and skill lead to superior long-term returns.
BarclayHedge is the global leader in providing independent, research-based information services to the alternative investment industry. Founded in 1985, Barclay currently maintains data on more than 6,100 hedge funds, fund of funds, and CTAs. No one has been in the business of collecting alternative investment data longer than BarclayHedge.