Hedge Fund Awards 2016

http://www.acquisition-intl.com/hedge-fund-awards 94 ~ Best US Relative Value Fund: Pavlik Capital Partners LLC & Best Relative Value Manager – USA In January, 2004 Jeffrey Pavlik placed nearly all of his liquid assets in a separate account to create a track record with the objective of providing a true diversifier for nearly every portfolio by generating consistent absolute returns with low volatility. After four years, in 2008, Mr. Pavlik had the separate account audited and launched Pavlik Capital Management LLC. At Pavlik Capital Management LLC we seek to achieve our objective by utilizing a broad array of option strate- gies on ETFs (exchange traded funds) to establish both long and short exposures to different sectors, market capitalizations, commodities, currencies and geographies. Why do we use options? First, options allow us to make money during circumstances in which our underlying exposure selections are not necessarily correct; an attribute highly significant in generating absolute returns over the long-run. Second, options allow us to take advantage of volatility which in turn dampens overall portfolio volatility and allows us to avoid much of the cyclicality of other strategies. Third, options are what we know. Much of the portfolio is dynamic and our success is very much rooted in our 25 years of option trading, risk management focus and portfolio management experience. As far as our process; our multi-disciplined investment process consists of three steps. First, we select the ETFs that provide a diversified overall portfolio exposure based on our macro view of the markets; both long and short. Second, we implement our own proprietary matrix of implied versus historical levels of volatil- ity. This matrix helps provide us with the specific selection of unique strike prices and expiration months necessary to construct the portfolio of options required to capture our predetermined underlying exposures. This is our volatility arbitrage background at work, and though we do not run a volatility arbitrage book per se, the ultimate selection of option positions is grounded in this analysis. Finally, we actively rebalance the option positions as underlying portfolio exposures change and/or implied volatility movements create opportunities to improve the reward/risk attributes of the entire portfolio. While in theory most hedge funds start out with an objective similar to ours those that truly provide these attributes over the long-run are in reality few and far between. Over the last 12 years we take great pride in saying that we have done so while aligning ourselves with the most important component of our business, our clients. As mentioned, since January, 2004 our CEO & CIO, Jeffrey Pavlik has had nearly all of his liquid assets in the Fund. He continues to believe this aligning of interest between his clients and him is one of the best ways to express his commitment to the strategy and remain focused on delivering what he says he will, not just as the Manager, but as a true partner. Company: Pavlik Capital Partners LLC Name: Jeffrey Pavlik Email: [email protected] Web Address: www.pavlikcapital.com Address: 1815 S. Meyers Rd, Suite 210, Oakbrook Terrace, IL 60181 Telephone: 630-519-3049