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Lucerne Capital Management

From Wikipedia, the free encyclopedia
Lucerne Capital Management, LP
IndustryEquity investment
Founded2002; 22 years ago (2002)
FounderPieter Taselaar
HeadquartersGreenwich, Connecticut, U.S.
Key people
Thijs Hovers (Partner)[1]
ProductsHedge fund
AUM$1.107 billion (March 2019)
Websitewww.lucernecap.com

Lucerne Capital Management is a long-short equity investment firm, founded in 2000 by Pieter Taselaar, that specializes in bottom up stock selection with a focus on European markets.[2][3]

Overview

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Pieter Taselaar founded Lucerne Capital Management after leaving investment bank ABN in 2002.[4][3] Lucerne is headquartered in Greenwich, Connecticut and the company has a research office in Amsterdam, Netherlands.[5] The firm has 12 employees (excluding clerical workers) and in March 2019 reported $1,107,764,000 in assets under management.[6] Lucerne Capital invests in companies with strong free cash flow.[3]

Lucerne Capital ranked 25th in Barron's 2016 list of "Best 100 Hedge Funds".[7]

Investments

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In the 4th quarter of 2017, Lucerne Capital purchased a new stake in Altice USA, valued at about $129,721,000, bringing its total shares to 7,455,917.[8][9]

References

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  1. ^ Shari, Michael (June 18, 2016). "Dutch Masters". Barrons. Retrieved 30 March 2017.
  2. ^ "Lucerne Capital Management Lp". Bloomberg. Bloomberg. Retrieved 30 March 2017.
  3. ^ a b c Shari, Michael (March 28, 2015). "Lucerne Capital Fund Bets on Europe". Barrons. Retrieved 30 March 2017.
  4. ^ Barber, Andrew (February 16, 2011). "Meet Lucerne Capital, The Best Small Hedge Fund You've Never Heard Of". Business Insider. Business Insider. Retrieved 30 March 2017.
  5. ^ "Firm Overview". Lucerne Capital Management. Lucerne Capital Management. Retrieved 9 November 2017.
  6. ^ Lucerne Capital Management, Form ADV, Part 1A, Item 5 (Mar. 29, 2019).
  7. ^ "Barron's 2016 List: Best 100 Hedge Funds". Barrons. Barron's. Retrieved 30 March 2017.
  8. ^ Boone, Mandy (March 29, 2018). "Simcoe Capital Management LLC Buys Shares of 1,476,395 Altice USA Inc (NYSE:ATUS)". Stock News Times. Retrieved 30 March 2018.
  9. ^ Jordan, Nicolas (May 24, 2018). "Altice USA (ATUS) Shares Gap Down to $20.69". Macon Daily. Retrieved 25 May 2018.
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