Cruiser Capital operates as a concentrated and research-intensive investment firm, with a strategic focus on the Industrials and Financials sectors. Utilizing a value-based approach, Cruiser Capital diligently identifies public companies trading at significant discounts relative to private market values within its specified sector strike zone. The firm's investment philosophy emphasizes backing high-quality management teams while also capitalizing on turnaround opportunities within underperforming businesses. Cruiser Capital actively engages in constructive dialogue with companies in its target sectors and, when necessary, adopts an activist investor stance to drive positive change and enhance shareholder value.
Keith M. Rosenbloom has been at the helm of managing the Cruiser Portfolios since its inception, bringing with him a wealth of expertise amassed over 25 years in the investment realm. His approach centers on the application of traditional value-oriented private equity techniques to both public and private special situations, showcasing his adeptness at navigating diverse investment landscapes. Before establishing Cruiser, Keith played a pivotal role as the co-founder and manager of CARE Capital Group, an investment firm specializing in hedge funds and alternative investment opportunities. Before his tenure at CARE Capital, Keith co-managed Comvest Venture Partners, where he oversaw private equity and bridge loan funds. Additionally, he served as the Director of Merchant Banking for Commonwealth Associates, further honing his skills in investment management. Keith's academic background is equally impressive, having graduated cum laude from Yale University, underscoring his commitment to excellence and laying the foundation for his successful career in finance.
Cruiser Capital Advisors emerges as a distinguished hedge fund, entrusted by a clientele of 9 discerning investors and managing discretionary assets totaling $91,049,240, as evidenced by their Form ADV filed on March 28, 2024. In their latest 13F filing for Q4 2023, Cruiser Capital Advisors reported holdings in managed 13F securities valued at $64,771,542, with a notable concentration of 83.61% among their top 10 holdings. Of particular significance is Cruiser Capital Advisors' largest position in American Vanguard Corp., boasting a substantial holding of 974,155 shares.
| Fund Name: | Cruiser Capital Advisors |
| Manager | Keith M. Rosenbloom |
| Portfolio Value | $123,065,992 |
| Change This QTR | +1.71% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | Ftai Aviation Ltd | 221,126 | $27,774,280 | -4% | 22.56% | ||
| 2. | SPY | 20,000 | $11,800,000 | NEW | 9.58% | ||
| 3. | SPY | 20,000 | $10,699,000 | NEW | 8.69% | ||
| 4. | Ftai Aviation Ltd Put | 100,000 | $9,500,000 | NEW | 7.71% | ||
| 5. | Ftai Aviation Ltd Call | 50,000 | $7,500,000 | NEW | 6.09% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2019-01-24 | ||||
| 2018-11-23 | ||||
| 2018-10-25 |
