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SM Investors
SM Investors is an SEC-registered investment adviser in New York, NY, registered since 2011. The firm manages approximately $95 million in regulatory assets.
SM Investors
SM Investors is an SEC-registered investment adviser in New York, NY, registered since 2011. The firm manages approximately $95 million in regulatory assets. It has 2 employees and 2 investment advisers.
General information
Firm type
Private Equity
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
7 East 60th Street, 2nd Floor, New York, NY 10022
Principals
Salvatore Muoio
Chief Investment Officer
Alessandro Ciarnelli
Director of Research
Sector focus
Frequently asked questions
Who makes investment decisions at SM Investors?
Salvatore Muoio, the founder and CIO, is the sole decision-maker. He has run the firm's concentrated value strategy since 1997, supported by Director of Research Alessandro Ciarnelli, a generalist analyst who has worked alongside him since 2003.
How does SM Investors source investment ideas?
The firm relies exclusively on proprietary, bottom-up research. Muoio and Ciarnelli build independent estimates of a company's intrinsic value rather than acting on sell-side reports. Muoio's board seats at LICT Corporation and CIBL, Inc. provide additional industry and operational visibility.
Is SM Investors a family office or a fund manager?
It is structured as a set of private investment partnerships — SM Investors, L.P., SM Investors II, L.P., and SM Merger/Arbitrage, L.P. — with parallel offshore vehicles. While it serves individuals and families, it operates as a concentrated asset manager, not a single-family office, and Salvatore Muoio co-invests alongside limited partners.
What investment strategies does SM Investors run?
The firm runs a long-only, concentrated value-equity strategy and a dedicated merger-arbitrage sleeve. Both are built around publicly traded companies where the team's intrinsic-value estimate diverges from market price, with a focus on telecom, media, and related sectors.
Does SM Investors disclose its assets under management?
No. SM Investors does not publicly disclose AUM or total deployment. The firm has not published a fund size or capital-raise figure, and no external publication has reported a verified number.
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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