Crawford Lake Names Hedge Fund Industry Veteran Jeff SchachterCrawford Lake Capital Management has appointed a hedge fund industry veteran Jeff Schachter as president and chief operating officer.
“We are thrilled to be having Jeff join us in further developing our business and strategy,” said Crawford Lake principals Isaac Markowitz and Jack Herzka. “Jeff’s experience and contacts in the industry will allow us to take our strategy to the next level.”
Founded in 2006, Crawford Lake employs a fundamental strategy that focuses on sourcing publicly traded companies with solid earnings growth and momentum and positive stories, but with strong potential upside from a technical perspective.
The firm employs a strict risk management discipline that has resulted in a nine-year track record annualizing over 15% with a volatility of just over 8% and no down years. The firm currently has just under $50 million of assets under management.
Satori Alpha in Ft. Worth, Texas is the firm’s acceleration capital partner. Satori manages $500 million invested in alternative fixed income, hedge funds and real assets.
“Isaac and Jack have a proven methodology and track record that I am personally excited to help them build upon,” said Schachter.Source: FINalternatives