Operating as the family office of David Russekoff, Smith Cove Capital takes an opportunistic perspective to investments and excels at identifying and sourcing undervalued and distressed securities. Since being established in 2017, Smith Cove Capital has attracted new investment partners and consistently expanded its asset base.
The firm’s analytical approach includes understanding the implications and causes of regulatory and market shifts. Once risk/reward asymmetries have been evaluated, judicious investments are made that add to a diversified portfolio that contains differentiated holdings.
Primarily focused on European and US markets, Smith Cove maintains a strong research focus that brings accountants, legal counsel, industry experts, and corporate executives within the due diligence process. Common situations include structured credit and liquidations, as well as those involving forced selling within regulated industries. Through building accurate valuation frameworks, the potential for sizable returns on investment is maximized.
The firm builds on Mr. Russekoff’s extensive Wall Street hedge fund experience, which includes successfully predicting real estate devaluation aspects of the subprime crisis.