Jeffrey G. Cherkin founded Tourlite Capital Management in 2022, bringing extensive experience across investment banking at Deutsche Bank, analytical roles at Spruce Point Capital focusing on activist short selling, and fundamental value investing experience at Basswood Capital. This diverse background provides expertise across long-only fundamental analysis, short selling, and investment banking, creating a well-rounded skill set for managing the long/short strategy. Cherkin maintains active community involvement through volunteer roles including Senior Chair of Wall Street Ambassadors at UJA-Federation of New York and Observer on Board of Trustees Investment Committee at Jewish Board of Family and Children's Services, demonstrating professional leadership beyond investment management.

Read More

Tourlite Capital employs a low-net long/short equity strategy that maintains roughly equal long and short exposure, leveraging deep fundamental and forensic accounting analysis to generate alpha on both sides. The fund runs with low net exposure close to zero using roughly equally sized long and short books. On the long side, they seek high-quality companies with sustainable competitive advantages, predictable cash flows, and shareholder-friendly management, targeting compounders, positive expectation gaps, orphans, and special situations with typical holding periods of 2-3 years. The short book uses a barbell approach targeting traditional shorts (overearning or structurally declining businesses) and aggressive shorts including potential frauds, with positions held from months to a year.

Read More