New York-based hedge fund Growth Creek surprised analysts with a stronger than expected third quarter earnings report that showed it gain a massive 20% against the Dow Jones Industrial Average. In a recent conference call with investors, Managing Director Blake Davis stated that “our investment approach integrates stringent risk management strategies while methodically identifying catalysts for growth, value-oriented opportunities, and transformative impact. The fact that this impressive run occurred during an extremely bearish time for the market “is a testament to our rigorously disciplined approach to risk allocation and the dynamic methodology utilized by our proprietary in-house models”, adds Davis.
Styled as an alternative investment firm, Growth Creek has leveraged its consistent run of success with an eye towards global expansion. It has recently opened up locations in Africa and Southeast Asia, aiming for a lucrative piece of the proverbial retail pie within these emerging markets. According to South Africa Managing Partner Wouter Ellis, “There is exponential growth to be made in our country and an untapped market for our product offerings. There is a huge need for financial education here, and we truly feel that is the market need we are definitively addressing. We are not your run-of-the-mill investment firm, and we are bringing a wealth of experience and technical acumen into the region”.
The key differentiator to its business philosophy “is plain and simple transparency”, chimes in Paul Nuqui, Southeast Asia Managing Partner. “Wall Street and hedge funds in general have skewed the perception of profits as is - the reality is that the typical margins on top end asset management are astronomically high, but only a fraction of this ever goes to the investor and much of it is retained by the firm. We aim to democratize the trading process by giving back as much profit and flexibility to our clients as we can, and we consider this a key driver towards our success.”
Touted as being a collective of the finest up- and- coming minds in predictive analytics, applied finance and quantitative investment management, Growth Creek doubles down that it has put together the pieces of the puzzle in delivering sustainable, market beating returns as it stakes a global claim in the highly competitive industry. “We’ve cracked the code”, professes Davis. “And the best is yet to come”.
Growth Creek Enterprises
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