Long/Short
Bank Capital Strategy
Our Team
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Senior Leadership
Justin D’Ercole, CFA
Founder, Managing Partner and CIO
Amy Hazelton
Co-Founder, Portfolio Manager
Barbara Mariniello
President, Chief Strategy Officer
Jon Rogers
Chief Operating Officer/CCO
Team Members
Ethan Boone
Associate
Gavin Smithson
Analyst
Media Appearances
A curated hub for all our video interviews, press features, articles, and media appearances, where you can hear directly from our leaders, explore the ideas shaping our industry, and gain a deeper understanding of our mission, values, and the impact we’re making.
Investor Letters
Investor Newsletter
Q4 2025
What occurred this Summer and into the Fall was simply remarkable. Markets chased themselves in a circular spiral up. To us, at some point during Q3 it no longer resembled investing.
Market Outlook
Q3 2025
Stop playing with QE type valuations before you go and get hurt! The market has decided to mistake yield for risk premium again. We think the market will finally recognize yield as abundantly available in H2 2025 – and…
Market Outlook
Q2 2025
Market participants are struggling with the new (investing) world order. The first 16-weeks of the year have largely matched our expectations. Perhaps the best way to highlight this is to revisit the market outlook slides…
2025 Market Outlook:
Too Many Bonds
Invest and allocate on a dogmatic assumption that high interest rates were certain to slow and eventually stall the economy, causing the Fed to cut their policy rate and bond yields across the curve to fall.
Contact Information
411 West Putnam Ave – Suite 330
Greenwich, CT, 06830, US
+1 (203) 742-8100
*AUM as of September 3, 2025. This figure is based on unaudited financial data and is subject to change.