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ELCO Management Company
Elliot Cohen founded ELCO Management in 1987 and runs a concentrated value equity portfolio from New York, targeting small- and mid-cap companies.
ELCO Management Company
ELCO MANAGEMENT COMPANY, LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2005. The firm manages $261 million in assets, with $245 million on a discretionary basis. It has 7 employees and 5 investment advisers.
General information
Firm type
Asset Manager
Year founded
1987
AUM
Between $100M and $500M (Altss estimate)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Elliot L. Cohen
Founder and Chief Investment Officer
Sector focus
Frequently asked questions
Who makes investment decisions at ELCO?
Elliot L. Cohen serves as founder and Chief Investment Officer, and all portfolio decisions run through him. The firm has operated as a single-manager shop since inception in 1987, without a committee structure or junior portfolio managers.
What kind of companies does ELCO invest in?
ELCO focuses on small- and mid-cap US public equities trading below intrinsic value. Typical targets have strong balance sheets, durable businesses, and catalysts — spin-offs, management changes, or industry consolidation — that can narrow the discount over a multi-year holding period.
Is ELCO open to new investors?
ELCO does not actively market its services and has historically maintained a closed, capacity-constrained client base. The firm's filings indicate a small number of separately managed accounts, and new relationships typically form through personal referral rather than open fundraising.
Does ELCO invest in private companies or alternatives?
No. ELCO invests exclusively in publicly traded equities. The firm does not participate in private equity, venture capital, real estate, credit strategies, or derivative instruments.
How concentrated is the portfolio?
The portfolio typically holds 15 to 25 positions. Concentration arises from Cohen's conviction-weighted approach — the largest positions can represent meaningful fractions of total assets, a discipline that reflects his background in deep fundamental analysis rather than statistical diversification.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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