Glenrock Global Partners is a long/short equity hedge fund founded by Michael Katz in 1991. Glenrock Asset Management has around $360 million in AUM. Glenrock Global managed to return 9.6% annually, beating MSCI World Index's 0.2% annual gain since 2000. Michael Katz has a value tilt investing in undervalued stocks. Glenrock invests in businesses with predictable cash flows and shorts stocks with high price multiples and poor fundamentals.