Lee is the general partner of Qualitas Capital Management, a private investment partnership that pursues capital appreciation by seeking superior risk-adjusted investment returns. The partnership invests in the public equities of high quality firms with solid and consistent growth prospects that Lee believes are significantly undervalued based on fundamental analysis. The partnership has a flexible mandate to invest across all business sectors, global regions, and market capitalizations. The partnership typically focuses on firms that Lee believes are relatively underfollowed and often misunderstood yet have what he views as attractive businesses, valuations, and catalysts.
Prior to forming Qualitas, Lee was a portfolio manager at Gator Capital Management ("Gator Capital"). At Gator Capital, Lee was responsible for launching and solely managing the Gator Opportunities Fund (the "Fund"), an open-end equity mutual fund registered with the SEC. During Lee's tenure as portfolio manager of the Fund, he delivered annualized returns of 11.2% (Institutional Class) / 10.9% (Retail Class) from the Fund's inception and outperformed Russell 2500® Index benchmark by 573 and 545 basis points, respectively, over that period. The Fund was ranked in the top 1% of 399 funds in Morningstar's peer category in its first year from inception and in the top 13% year-to-date through October. The Fund was also ranked 10th out of 447 funds in Lipper's "category killers" table in April for year-to-date performance (Wall Street Journal, 5/4/15).
Prior to joining Gator Capital, Lee was a member of the Fundamental Equities Group at Goldman Sachs Asset Management (GSAM). Lee's responsibilities at GSAM covered the gamut of the fundamental equities investment process from idea origination, research, analysis, and implementation to portfolio sector construction and management, risk monitoring, and strategic review. While at GSAM, Lee contributed significantly to the successful launch and growth of all-cap, mid-cap, small/mid-cap, and long/short equity investment products. Lee also provided analytical coverage primarily of the industrials and technology sectors across all market capitalizations.
Prior to joining GSAM, Lee was a co-founder of Tower Hill Securities, a merchant banking firm that focused on funding global emerging growth companies across various business sectors. Prior to co-founding Tower Hill, Lee was a founding member of the strategic consultancy Mitchell Madison Group, and an associate in the Financial Institutions/Services Practice of management consulting firm A. T. Kearney. Prior to joining A. T. Kearney, Lee was also a Faculty Lecturer at Princeton University's Woodrow Wilson Schools, where he co-taught several courses in applied quantitative and economic analysis with Professors Ben Bernanke and Alan Krueger.
Lee is a Chartered Financial Analyst (CFA) and a member of the CFA Institute and New York Society of Security Analysts (NYSSA). Lee received his BA from Yale University, his MPA from Princeton University, and his MBA from Stanford University, all with the highest honors and concentrations in economics, finance, and investment management.
Retired Navy/GS-Civil Servant, small potatoes investor/trader trying to make sense of all the data I digest from various "experts/analysts." When I first started back in late 90's I relied mostly on gut instinct and articles in magazines and TV. Just bought and sold at Market and held stocks for at least a year and enrolled in DRIPs. That made me some nice profits mostly. Got out of the market in summer of '09 completely when I fell victim to the doom/gloom predictors of major crash up-coming, etc. Jumped back in in FEB '11 and been losing money steadily throughout the year. "The more I read, the less I know." Ready to exit the market again for good this time if I can get out with minimal loss during the next year. (It's all a rigged game with the little guy always left holding the bag--by the time we read the info/news reports, the play has already been made by the big players who await peasant investing to up the price before slamming the hammer down.) Article writers and subscription sellers have it right -- sell so-called expert advise and information via "subscriptions" without the risk of investing. Always some sucker will pay big bucks for the next big tip that will hopefully make him/her rich -- of course it is always elusive and just one subscription away from reality. How many subscriptions does the small-fry need? -- just one more!
Recently read book,"Throw Them All Out...," by Peter Schweizer.--Highly recommended!
(...they're all criminals laughing at us law-abiding peons.)