ACK Asset Management is an investment management firm with a long/short equity strategy focused in small and mid-cap stocks that seeks to deliver significant capital appreciation and absolute returns with strong capital preservation characteristics.
The ACK Asset Management investment team has spent their careers focused in the small cap and mid cap sectors of the market. They believe this largest segment of the stock market to be the least efficient, where across all industries, deep company knowledge and fundamental analysis can yield significant opportunities for capital appreciation.
ACK Asset Management looks for fundamental change in companies and catalysts that can drive growth in earnings and free cash flow (and their opposite in the short book). They monitor the macroeconomic environment to identify secular and cyclical trends that can drive long and short opportunities in certain sectors and industries in the economy.
Valuation is a key part of the investment equation in both the long and short side of the portfolio. The short book is managed to add alpha to the overall portfolio and serves also as a hedge in down markets.