Founded in February 2014, Crescent Park Management stands as a distinguished hedge fund manager situated in California. Founded by Eli Cohen, previously a portfolio manager at Ziff Brothers Investments, Crescent Park Management specializes in investing in publicly traded global equity securities. Its investment strategy is chiefly rooted in a bottom-up approach, prioritizing long-duration change-intensive themes and leveraging well-established investment frameworks.
Eli D. Cohen is a prominent figure in the financial industry, renowned as the founder of Tichy Cohen Associates, Inc. in 1995 and Crescent Park Management LP in 2014. Currently serving as the Chief Executive & Investment Officer at Crescent Park Management LP, he plays a pivotal role in steering the company's strategic direction and investment initiatives. Mr. Cohen's illustrious career boasts notable positions including Director at Cosi, Inc. from 2004 to 2008, Managing Director at Ziff Brothers Investments LLC, Principal at Accel Partners LLC from 2000 to 2002, Principal at 1901 Partners Management LP from 1998 to 2000, and Principal at Bain & Co., Inc. in 1994 and 1995, where he honed his expertise in various facets of finance and investment management. Educated at the prestigious University of Michigan, Mr. Cohen earned his undergraduate degree, laying the foundation for his successful journey in the financial world.
Crescent Park Management commands discretionary assets under management (AUM) totaling $415,822,501, as per their Form ADV filed on March 2024. Notably, their latest 13F filing for Q4 2023 revealed holdings in managed 13F securities valued at $461,828,387, with a concentrated top 10 holdings ratio of 72.84%. Among these holdings, the cornerstone position is held by SPDR S&P 500 ETF TRUST, with an impressive 241,400 shares in their portfolio.