Freestone Grove Partners

Co-Founder Daniel Beltzman serves as Chief Investment Officer and has ultimate authority over portfolio construction and risk allocation across all investment teams. Beltzman was previously a senior leader in Citadel's Global Equities division, where he managed large fundamental equities portfolios. His co-founder Justin Drobisch serves as Chief Operating Officer and does not manage investment risk, a structural separation that allows Beltzman to focus entirely on the portfolio. The firm recruits sector-focused portfolio managers who run concentrated long/short books within a centrally defined risk budget.

Freestone Grove is structured as a multi-manager platform. Capital is allocated across internal teams specializing in specific sectors, all operating under a centralized risk framework and market-neutral mandate. This model mirrors the architecture of larger peers like Citadel, Point72, and Millennium Management, but Freestone Grove launched with a commitment to cap total assets at a level that allows its teams to trade smaller, less crowded names. The firm does not operate as a single CIO making every position-level decision.

The firm does not pursue macro, systematic quant, or credit strategies as primary return drivers. Its mandate is concentrated in fundamental, bottom-up long/short equities with a market-neutral posture. The firm also avoids private investments, venture capital, and illiquid credit, maintaining a liquid-only portfolio that supports daily or weekly redemption terms for investors. This pure-play focus contrasts with multi-manager peers that have expanded into credit, macro, and private markets.