CROSS SHORE CAPITAL MANAGEMENT, LLC

Thesis

Cross Shore Capital Management, LLC, founded in 2002 and headquartered in Great Neck, New York, is an investment advisory firm specializing in managing funds of hedge funds, with a primary focus on long/short equity managers. The firm's core strategy involves constructing a diversified portfolio of approximately 10-15 premier long/short equity hedge fund managers. Their objective is to achieve superior long-term investment performance while maintaining volatility significantly lower than the broader market, by focusing on capital preservation during market downturns and participation during market upturns. Cross Shore emphasizes managers who exhibit a well-defined, transparent, and repeatable investment process, prioritizing fundamental research, independent thinking, and robust risk management. They actively steer clear of strategies heavily reliant on leverage, trend following, macro-driven approaches, or opaque methodologies. Furthermore, the firm seeks managers with strong organizational infrastructure, including well-staffed operations teams and the utilization of independent third-party service providers for accounting and valuation. While the geographic scope is not explicitly detailed, the focus on 'premier long/short equity managers' suggests a global or at least broad North American and European reach. Cross Shore acts as a lead investor in building its fund-of-funds portfolios, allocating capital to selected managers based on their anticipated risk-adjusted returns. As of January 1, 2026, the firm reported regulatory assets under management of approximately $147 million, managing 9 private funds. The average account size is $39,715,620.8.