Atlantic Investment Management
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 | |
| Company type | Independent Investment Advisory Firm |
|---|---|
| Industry | Global Investment Management |
| Founded | 1988[1][2] |
| Headquarters | 1301 Avenue of the Americas, 38th Floor, New York, NY 10019 United States[3] |
Area served | Worldwide |
Key people | Alexander J. Roepers, Founder, President and Portfolio Manager |
| AUM | US$ 1.9 billion (as of August 2021)[4] |
| Website | www |
Atlantic Investment Management is a global alternative investment firm founded in 1988 by Alexander J. Roepers (“Alex”).[3] Atlantic has 29 employees worldwide with offices in New York City and Tokyo.[5] As of August 2021, the firm had $1.9 billion in assets under management.[4]
Alexander J. Roepers founded Atlantic Investment Management in 1988. Atlantic manages concentrated long/short equity portfolios and employs fundamental analysis with a bottom-up stock picking approach to create its portfolios, conducting in-house research to make its investments.[2][3] The firm often takes large stakes—up to 7% of the shares outstanding—in a small number of stocks. Atlantic investment funds include the Cambrian Fund, Cambrian Japan, AJR/Quest, Cambrian Global and Cambrian Europe.[6] Atlantic's largest fund, the Cambrian Fund, is a long-only activist fund that generally invests in only 6 or 7 securities.[7]
In 1992, Atlantic began the Cambrian strategy, investing in a concentrated portfolio of approximately six medium to low-tech industrial companies.[8] In 1993, Roepers launched AJR International, an offshore hedge fund.[9]
The firm invests in various sectors including packaging, aerospace, pumps and valves, industrial materials, specialty chemicals, information-technology services and food companies.[10] The firm looks for stocks between $1 billion and $20 billion in market cap, with high quality balance sheets and low debt expenses.[11]
Activist philosophy
While Atlantic is widely considered to be an activist investor, Roepers has been called the gentlemen activist.[6] Roepers leads Atlantic using a more subtle approach to engaging corporate management called Constructive Shareholder Activism, which involves making suggestions behind the scenes rather than in public.[12]
