Jacobs Asset Management (JAM) is an established money manager focused exclusively on investing in the financial services space. JAM manages over $400 million in a long/short equity hedge fund. It also manages over $150 million in several other funds that seek to make long-term, high return investments into financial services businesses. In total JAM has assets under management of approximately $600 million.
The hedge fund is an investment partnership with $426 million AUM as of December 31, 2017. Founded in 1995, its investment objective is to generate maximum appreciation through a hedged portfolio of mostly equity securities with a focus on U.S. financial stocks. Note, however, that there is no assurance that the hedge fund will meet its investment objective.
JAM Special Opportunities Funds
Since 2006, JAM has provided growth capital and partial shareholder liquidity to growing financial services companies via its JAM Special Opportunities Funds (“JSOF”). JAM has raised three JSOFs to date with nearly $250 million in total committed capital. Current investments are made out of JSOF III, a $137 million fund raised in 2013. The JSOFs are closed and not accepting new investors.
Depository Institutions Investing
Investment Criteria & Details
- Currently own dozens of public banks and private banks across our investment vehicles
- Focused on small to mid-sized public and private banks ($250 million to $10 billion in assets) throughout the United States
- Flexibility to invest with holding periods of five years when appropriate
- Target common and preferred equity investments of $2 million to $25 million
If you would like additional information or have an opportunity for us to evaluate please call Dan Oxman at (310) 227-8600 x100 or e-mail him.
Disclaimer: No Offer of Securities
Information on this site is not to be construed as an offer to sell or the solicitation of an offer to buy any security. Any such offer or solicitation can be made only by means of the delivery of a private placement memorandum. The information regarding current and historical portfolio company investments is not intended to recommend any company described herein and is not an offer or sale of those investments.