About Us
OUR FIRM
Managing partner Steven R. Gumins founded Athens Capital Management as a multi-client family office in 2002 to manage his family’s assets. Steve, along with the Athens team, is committed to bringing the same level of investing success they have enjoyed to other family offices and high net worth individuals.
OUR INVESTMENT STRATEGY
For over two decades Athens Capital has provided high net worth investors and other family offices with an opportunity for long-term growth yielding steady annual returns. Athens Capital prioritizes a risk averse approach through portfolio diversification managed by specialists in specific sectors, markets and styles.
Monitoring exposure of funds in the portfolio
Ensuring funds provide high transparency
Favoring managers using low to moderate leverage
Using a core portfolio of low volatility managers
Ongoing monitoring of macro-economic factors
Overweighting exposure to higher conviction investments
Avoiding material drawdowns
Preserving capital in difficult market environments
OUR INVESTMENT PROCESS
Athens emphasizes capital preservation and long-term growth by minimizing losses in market drawdowns. We accomplish this through a rigorous process of manager selection and ongoing evaluation to ensure our metrics align with our primary goals.
1.MANAGER SELECTION
We look for managers who possess the following characteristics:
- Excellent investing pedigree with depth in their area of focus
- Identifiable, measurable factors influencing track record
- Disciplined AUM growth
2.ONGOING EVALUATION
We engage in ongoing analysis of managers and their strategies:
- Risk assessment and quality control
- Market categories that are inefficient or undervalued
3.DUE DILIGENCE
Our team continuously identifies the best institutional funds in various market categories:
- Proprietary evaluation of factors impacting manager performance
- Underlying manager interests are aligned with Athens (i.e. they have a large investment in the fund alongside ours)
4.RISK MANAGEMENT
- Exposure management
- High transparency of underlying funds
- Core portfolio: low volatility managers
- Ongoing sensitivity analysis to monitor macro factor exposure
5.CONTINUOUS MONITORING
We look for managers who possess the following characteristics:
- Extensive transparency to ensure adherence to stated strategy
- We know and understand what our managers are invested in
- Prospective managers prioritized for potential inclusion
Athens Capital Management, LLC
812 Presidio Avenue
Santa Barbara, CA 93101
