Curtis Schenker and Craig Effron's Hedge Fund is Bullish on Globecomm
Globecomm Systems, Scoggin: Curtis Schenker and Craig Effron's Scoggin Capital Management just now reported adding Globecomm Systems, Inc.
Established in 2015, Scoggin Management, formerly known as Scoggin LLC (est. 1988), is a New York-based hedge fund manager founded by Curtis Schenker and Craig Effron. The firm employs a variety of multi-strategy, opportunistic, and event-driven strategies, aiming to identify and invest in opportunities across capital structures without bias towards specific markets or regions.
Curtis Schenker, the Chief Executive Officer and Managing Partner of Scoggin Capital Management oversees a half-billion-dollar hedge fund catering to institutional and wealthy individual investors globally. Besides his role at Scoggin, Schenker serves on the Board of Directors of The 92nd Street Y, the UJA Young Investment Advisers Division, and McCrory Parent Corp. He is also actively involved with the Riverdale Country Day School, the University of Pennsylvania, and New York Hospital. Schenker holds a BA from the University of Pennsylvania.
Craig Whitney Effron, Co-Chief Investment Officer at Scoggin Management LP, also serves as a Director at Sb Special Situation Master Fund Spc Segregated Portfolio F and Co-Chief Investment Officer for Event-Driven at Old Bellows Partners LP. Effron completed his undergraduate degree at the University of Pennsylvania in 1981.
Scoggin Management oversees a hedge fund with 5 clients and discretionary assets under management of $251,022,278 (as of March 2024). Their latest 13F filing for Q1 2024 reported $292,272,195 in managed 13F securities, with a top 10 holdings concentration of 59.81%. The firm's largest holding is SPDR S&P 500 ETF TRUST, with 100,000 shares.
