Albert Bridge Capital specialises in public market equity investing, and providing expertise and fund management services to institutional investors. Our differentiating, competitive advantage is the application of behaviour finance to a rigorous, fundamental, process-oriented research process.
Investment management in public markets is not merely about accurately modelling the fundamentals of a specific company, but about understanding why (if at all) the consensus investor disagrees. Thus, we don’t simply buy companies, we buy shares in those companies from other investors; investors who may be biased one way or the other.
As we search for these unconventional, differentiated, investment ideas, our goal is to seek idiosyncratic volatility with asymmetric payoffs. And if we can successfully identify company fundamentals that are improving markedly more than the market expects, and understand why a temporary bias exists, then we have the opportunity to buy stock from a prejudiced seller. If we then construct a portfolio that retains concentration in these types of investments, then we at least will have a chance to generate alpha over time, and that is our primary focus.
Andrew (Drew) Dickson is the managing director of Albert Bridge Capital, and the portfolio manager of the Alpha Europe fund strategies. He has over 20 years of industry experience, and most recently was a partner at Perella Weinberg Partners (PWP), and CIO and portfolio manager of the Alpha Europe fund strategies. Prior to joining PWP, he was the founder of Dickson Capital Management, a London-based asset management firm that was acquired by Perella Weinberg Partners in the summer of 2012.
Mr Dickson previously worked at Och-Ziff Capital and Fidelity Investments; and holds a BSc. in Management from Purdue University and an MBA from the University of Chicago Booth School of Business, where he was a research assistant for behavioural economist Richard Thaler. He has been cited by the Wall Street Journal, Barron’s Magazine, and other periodicals; and has served as a guest lecturer at the London Business School.
Charles Hwang is a senior analyst and assistant portfolio manager at Albert Bridge Capital, and a partner in the firm. Most recently, he was an analyst covering airlines and industrials at Eisenstat Capital Partners (ECAP), a London-based fundamental long-short fund manager. Before joining ECAP, he worked with Drew Dickson as an analyst covering consumer and healthcare equipment at Perella Weinberg Partners (PWP) on the Alpha Europe fund strategies. Charles previously worked at Fidelity Investments in Boston and at Marakon, a global strategy consulting firm advising Fortune 500/FTSE 100 companies across various sectors.
Mr Hwang holds a BA in Economics from Northwestern University and an MBA from the University of Chicago Booth School of Business with concentrations in accounting and finance.
Doriana Pavlicu is the COO of Albert Bridge Capital, and a partner in the firm. She most recently was Director of Operations at Perella Weinberg Partners (PWP), working with Drew Dickson, where she was primarily responsible for ensuring a smooth post-merger integration of Dickson Capital Management LLP (DCM) and the Alpha Europe Fund into the PWP platform.
Prior to PWP, Ms Pavlicu was the Head of Operations of Dickson Capital Management. Her responsibilities included managing all external firm and fund service providers (including audit, tax, legal, compliance, IT, accounts and banking) as well as all the day-to-day, month and year-end operations for both fund and firm. Before starting with DCM, Doriana was at Holte Capital Management, an equity long-short fund manager, reporting directly to the CFO.
Ms Pavlicu hold as B.A. French (Honours) degree from University College London.
Ryan Beresford-Wylie is an analyst at Albert Bridge Capital. Ryan started his career at Goldman Sachs, working on the M&A team across a variety of sectors in both the Melbourne and London offices for three years.
He then transitioned to the buy side and spent his next two years as an analyst at Parvus Asset Management, a fundamental equity shop based in London.
Mr Beresford-Wylie majored in Finance at The University of Melbourne.
Mairead Kenny is in charge of marketing, investor relations and client services at Albert Bridge. Most recently she was European Head of Capital Introductions at Bank of America Merrill Lynch a role which she held for five years. Her primary responsibilities included originating and managing hedge fund and allocator relationships, assisting clients in the development and execution of marketing plans, and setting the strategy for the European capital introductions team.
Prior to joining Merrill Lynch, Mairead worked for Lehman Brothers in New York both in the capital introductions team and in the equity sales organisation. Prior to this she worked at JP Morgan Asset Management in New York.
Ms Kenny holds an M.A. Economics (Honours) and an M.Sc. Environmental Resource Management (Honours) from University College Dublin in Ireland.
James Foster is the Head of Operations for Albert Bridge Capital. He was most recently responsible for the operations and compliance at Valiance Asset Management, a specialist investment firm, where he worked on the day-to-day operations of all investment structures, liaising with the external Directors and service providers. He also managed all aspects of compliance oversight across the firm.
Prior to his time at Valiance, Mr. Foster was a Partner of Boston & Alexander LLP, a convertible arbitrage fund based in London. Having begun his role there in 2007, assisting with the portfolio and managing general operations, he became more focused on running operations and compliance oversight for the firm. Previously, in 2005, Mr Foster was part of the operations team of PCE Investors, a London based hedge fund platform, having initially started his career on an internship as a UK and Ireland Regulatory Reporting Analyst at Fidelity International.
Mr. Foster holds a degree in Business Studies from the University of the West of England, Bristol.
Katrina provides additional support to the operations team, delivers direct PA support to the CIO and the investment team, and is in charge of all ad-hoc office administration. She previously was a legal secretary, and before that a legal project coordinator for the Ministry of Education of New Zealand.
Miss Duffy attended Rangitoto College in Auckland, NZ.