About Us
Strategos Capital Management, LLC (“Strategos”) is an SEC registered investment adviser with a focus on deep value investing and a particular expertise in real estate-related securities. Strategos seeks to achieve elevated risk-adjusted returns through investments ranging from mortgage-backed securities (MBS) to publicly traded equities.
Strategos believes it is well positioned to achieve this goal by virtue of the team’s extensive experience in the structured credit market, penchant for understanding market inefficiencies, and heightened focus on ascertaining intrinsic value. Strategos was founded by Alex Cigolle and the senior investment professionals have worked together for over 14 years. Senior personnel maintain significant personal investments in multiple Strategos funds.
Deep value investing and a particular expertise in real estate-related securities.
The Company
Strategos is registered as an investment adviser with the Securities and Exchange Commission (“SEC”). To obtain a copy of Strategos’ Form ADV, which has been filed with the SEC in accordance with the Investment Advisers Act of 1940, as amended, please visit www.adviserinfo.sec.gov and locate us using the ‘Investment Advisor Search’ query.
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Our Team
Alex Cigolle, CFA
Chief Executive Officer
Alex Cigolle, CFA
CHIEF EXECUTIVE OFFICER
Mr. Cigolle is currently the Chief Executive Officer and Chief Investment Officer of SCM and was a founding member of SCM in September 2004[1]. Mr. Cigolle is also a member of SFM and a Portfolio Manager at SFM. Mr. Cigolle has responsibility for portfolio management and trading at both SCM and SFM. From 2000 to 2004, Mr. Cigolle served as Vice President of Delaware Investments in the Structured Products Group. At Delaware Investments, Mr. Cigolle directed the trading and structuring of CDOs. In addition, Mr. Cigolle was responsible for credit analysis of various structured products including ABS, MBS, and CDOs. Prior to Delaware Investments, Mr. Cigolle was employed with Bank of America Securities where he was a structurer in the Structured Credit Products Group. Mr. Cigolle is a graduate of the Massachusetts Institute of Technology (1998) where he earned a bachelor’s degree in economics.
David Gregory
CHIEF INFORMATION OFFICER (CIO)
David Gregory
CHIEF INFORMATION OFFICER (CIO)
Mr. Gregory is the Managing Partner and Chief Investment Officer of Strategos Fund Management, LLC (“SFM”) as well as the Co-Portfolio Manager across client assets at both SFM and Strategos Capital Management, LLC (“SCM”). Mr. Gregory’s primary focus is portfolio management and trading which he has been doing for over thirteen years. In addition to his expertise pertaining to fundamental analysis and the capital structure, his sourcing capabilities have led to investments in multiple new asset classes for client accounts. His primary focus has been on real estate related securities and he has a particular expertise in RMBS, mortgage derivatives, CMBS, ABS, CDOs and REITs. He also serves on the investment committee for a scholarship fund. Mr. Gregory is a graduate of Bucknell University (2006), where he received a Bachelor of Science in Business Management with a focus on Finance.
Philip Chiaramonte
Head of Business Development
Philip Chiaramonte
HEAD OF BUSINESS DEVELOPMENT
Mr. Chiaramonte joined SCM in February 2016 as General Counsel and Head of New Product Development. Mr. Chiaramonte holds similar titles at SFM and is a member of SFM. Prior to joining SCM, Mr. Chiaramonte spent over 20 years in the structured credit markets and prior to that worked as an attorney in structured finance, derivatives and municipal finance. Most recently, Mr. Chiaramonte founded and was Managing Partner of Clear Mountain Capital Management, an independent consulting firm providing structuring, trading, risk management and capital management services to institutions in the structured credit markets. Prior to that, he spent 4 years as a Managing Director at MJX Asset Management, an asset manager specializing is collateralized loan obligations, where he co-developed and implemented an analytics platform for CLO investors and advised financial institutions on CLO investment holdings. Prior to MJX, Mr. Chiaramonte was Managing Director and Head of North American Credit Structuring at TD Securities USA, Inc., where he helped start and then managed their total return swap business. Prior to TD, Mr. Chiaramonte worked for Canadian Imperial Bank of Commerce specializing in the area of credit derivatives. Prior to his career in structured credit, Mr. Chiaramonte spent 8 years as a practicing attorney in New York at Rogers & Wells and Hawkins, Delafield and Wood specializing in structured finance, derivatives and municipal finance. Mr. Chiaramonte has a Juris Doctor from Fordham University and a Bachelor of Science in Finance from Fordham University, College of Business Administration.
Mathew Nannen, CFA
Chief Financial Officer
Mathew Nannen, CFA
CHIEF FINANCIAL OFFICER
Mr. Nannen is currently the Chief Financial Officer (since 2017) and Chief Compliance Officer (since 2019) of SCM . Mr. Nannen holds similar titles at SFM and is a member of SFM. He has held various operational and investment related roles within SCM since he was hired in April 2005[1] including Chief Operating Officer, portfolio structuring, risk management and credit/structural analysis. In addition, he chairs the company risk committee. Prior to joining SCM, Mr. Nannen worked for Delaware Investments for seven years as an Assistant Vice President in charge of Structured Products surveillance and operations. Prior to that, Mr. Nannen was an Audit Manager in the Financial Services Industry of Ernst & Young LLP for six years. Mr. Nannen received a bachelor’s degree from The Pennsylvania State University. Mr. Nannen is a Certified Public Accountant (inactive license).
Niko Fragkakis
VP Operations & Technology
Niko Fragkakis
VP OPERATIONS & TECHNOLOGY
Strategos Capital Management (“Strategos”) is an SEC registered investment adviser with a focus on deep value investing and a particular expertise in real estate-related securities. Strategos seeks to achieve elevated risk-adjusted returns through investments ranging from mortgage-backed securities (MBS) to publicly traded equities.
Strategos believes it is well positioned to achieve this goal by virtue of the team’s extensive experience in the structured credit market, penchant for understanding market inefficiencies, and heightened focus on ascertaining intrinsic value. Strategos was founded by Alex Cigolle and the senior investment professionals have worked together for over 14 years. Senior personnel maintain significant personal investments in multiple Strategos funds.
Investment Strategy
The key difference between Strategos Capital Management (“Strategos”) and other investment firms in our industry is no more evident than through our diligent focus on fundamental credit analysis, along with a flexible and adaptive approach to procuring quantified investment opportunities. Measured with a prudent focus on risk management.
Our success is a result of the depth, tenure and expertise of our skilled team which has enabled us to identify relative value opportunities in markets across the financial sector.
A clear vision of success built on deeper analysis and a rigorous pursuit of better outcomes.