Electronic capital of $ 2.8 billion is a collection of funds after tackling the succession

After addressing the succession, one of the biggest obstacles in the level of hedge funds of $ 4.5 billion, Electron Capital is at its next challenge: raising funds in the current and chaotic environment.

Electron, who invests in infrastructure, public services and companies fueling the “energy transition”, believes that his strategy will succeed, no matter who is in the White House, according to the current IOC and the director Ran Zhou, who noted that he began to manage money when George W. Bush was president.

The firm refused to specify a specific figure which he hopes to increase, but the manager estimates that he has a solid pipeline of potential donors while the industry has moved away from the funds to single manager and to multi-flatical giants.

Zhou, speaking with Business Insider during a recent interview in New York, stressed that the long -term objective of the company, in particular on the increase in energy demands of companies and the need to provide this cheap and sustainably power, is always viable.

For example, the infrastructure of the power needs of artificial intelligence has become a hot topic for major investors, but Electron has been thinking about the energy needs of the booming field for years. Regulatory deposits show that the director has invested for the first time in Quanta Services, an electrical infrastructure company in 2019 when the action, now negotiating at nearly $ 300 per share, could be purchased for less than $ 50.

“The power thesis does not change,” said Zhou, who joined Electron in 2005 of a Columbia graduate program and has never left.

Even clean energy, which “faces many winds,” said Zhou, could be attractive as soon as the capital leaves the sector and the evaluations fall. Trump administration has undertaken to support the oil and gas industry and has reduced support for cleaner inirevities.

The company is “like hunters waiting in the bush, waiting for the right time,” said Zhou.

One of these moments can occur now: an investor document indicates that the company is up more than 3% in its long short strategy in April to 25, reducing losses this year to 1.8%. The S&P 500 is down more than 6% over the year from press time. Last year, the manager made more than 21%.

Shaver leaves, but the capital remains

The asset manager of $ 2.8 billion was launched by Jos Shaver, who organized the strategy for the first time as an autonomous fund from 2005 to 2008 before joining the coverage fund of Steve Cohen, the bag advisers. Shaver then revived the manager in 2013.

He transmitted the reins to his long -standing lieutenant Zhou in October 2023, although there remains a main advisor to the company and that the majority of his net value still invests in the director.

Unlike many single manager funds, which are often molded and marketed around their founders, Electron has successfully passed through the next generation, partly thanks to a global razor and Zhou launched in 2023 to explain the change to the existing LPS.

The result: net entries in 2023 despite the change in leadership. The manager has had lasting relationships with many donors – more than half of the 10 best Electron investors have been with the manager for more than a decade.

Zhou said that the company’s message during the roadshow was that there was no star in Electron but rather an investment team that “hunts in the pack”, which resonated with the LPS. The connection with its donors has enabled Electron to think beyond the next quarter or the year, and the director has formed his team to manage more capital and more work.

The field since Electron’s strategy began to be negotiated almost 20 years ago developed considerably, and Zhou said that there were now 700 shares in the company’s investment world. Given the expansion, the manager has slowly built his investment team in recent years, hiring five analysts since 2019 to support Zhou, the portfolio manager focused on public services Neil Choi and Shaver.

“The majority of gains come from long -term assets and the identification of future structural changes,” said Zhou, and the company plans to keep this script.