May 15, 2019 – Hingham, MA – Crow Point Partners, LLC announced that the Crow Point Concentrated SMID Growth Strategy has been ranked #2 overall as of March 31, 2019 based on one-year return by Pensions & Investments.
"This portfolio is designed to hold between eight and 15 names," Alan Norton said. "The underlying theory is to have the highest conviction names that we follow in the portfolio. We run more diversified small-and midcap strategies although they're relatively concentrated. We run with around 50 names on those strategies."
"The names are the best-of-the-best ideas," said Alan Norton. "What it does is turn a lot of portfolio theory on its head — no sector constraints, we throw out the typical 5% position."
Among the best of the best were Exact Sciences Corp., which provides at-home tests for colorectal cancer screenings, and Rapid7 Inc., a technology company that provides vulnerability management for IT executives. Rapid7, Alan Norton said, has seen strong performance since it changed its product to a subscription model from a licensed-term model.
You can read the full interview at Pensions & Investments
More information on the Crow Point Concentrated SMID Growth Strategy and other Crow Point offerings can be found here.
ABOUT THE AUTHOR
Patrick Mullin, CFA is a Managing Director at Crow Point Partners
Patrick has spent over 25 years in the financial services industry in roles ranging from equity trading and institutional sales to equity analysis and portfolio management. Most recently, Mr. Mullin was the Founder and CIO of Ardara Capital, LP, a small and mid capitalization hedge fund. Prior to Ardara Capital, Mr. Mullin was COO at DeepDive Automated Research, a technology company automating the financial research process, where he was responsible for fostering important client and strategic relationships. At Lazard Asset Management, Mr. Mullin was an analyst covering the energy, technology and healthcare sectors and served as the Portfolio Manager for the Lazard U.S. Small Cap Product overseeing $3 billion in AUM...
To read Patrick Mullin's full bio or other Crow Point team members, click here.