Founded in August 2020 by James Hanna, a former portfolio manager at Millennium Management, North Reef Capital Management is a California-based hedge fund manager specializing in a long/short equity strategy centered on the US financial services industry.
James Hanna serves as the Founder and Chief Investment Officer at North Reef Capital. He brings extensive experience from previous positions at Millennium Management, Achievement Asset Management LLC, and PEAK6 Investments LP. Mr. Hanna earned his BA in Economics and Political Science from Duke University, graduating in 2002.
North Reef Capital Management is a hedge fund managing assets for 8 clients, with discretionary assets under management (AUM) totaling $3,316,789,349 as of their Form ADV dated April 2024. Their Q1 2024 13F filing disclosed $1,918,591,735 in managed 13F securities, with a significant concentration of 65.16% in their top 10 holdings. The firm's largest position is in Cboe Global Markets Inc., with 915,000 shares held.
