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Approach

Spectrum's investment philosophy is based upon three core objectives: capital preservation, fundamental valuation and the creation of attractive risk-adjusted returns.

Our investment process is straightforward and repeatable:

  • Identify off-the-run ideas spanning small to midcap companies that are consistently overlooked by market participants
  • Structure investment positions utilizing a disciplined approach with in-depth market diligence
  • Construct an unlevered portfolio that opportunistically invests across the capital structure to produce an idiosyncratic return profile with low relative volatility
  • Create value after inception of investment through active involvement on steering committees and boards
  • Protect capital through the strategic use of hedges, discounted purchases and cash as a "safe harbor"
  • Realize investments via multiple exits including process-driven events and a programmatic reduction of risk as our investment thesis reaches maturation
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