Algebris Investments (us) Inc.

Algebris Investments (US) Inc. is a financial advisory firm established in August 2009 and wholly owned by Algebris Investments Group Ltd. The firm, along with its UK and Ireland counterparts, collectively known as "Algebris," provides investment advisory services to various pooled investment vehicles and institutional clients. Algebris manages approximately $4.3 billion on a discretionary basis as of December 31, 2024. The firm's investment strategy involves fundamental analysis to identify mispricing opportunities in companies based on various factors like revenue growth and capital discipline. Algebris is compensated by its UK affiliate based on transfer pricing rules, with fees paid directly by the UK entity. The firm may receive performance-based fees, but it has mechanisms in place to mitigate risks and act in the best interests of clients. Algebris has a minimum Fund investment ranging from EUR 500,000 to EUR 50 million, while separately managed accounts typically require a minimum of US$100 million. Clients have the ability to place investment objectives or restrictions on their accounts. The firm's brokerage practices prioritize best execution results and fair allocation of trades across clients. Algebris has a Code of Ethics to govern personal securities transactions and avoid conflicts of interest. The firm does not receive compensation for client referrals and maintains custody of client assets with qualified custodians. Algebris exercises investment discretion for client accounts and votes proxies to promote long-term economic value. The firm has not been involved in any legal or disciplinary events and has a sound financial standing.