Quintessential Capital Management
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Quintessential Capital Management LLC (QCM) is a New York-based multi-strategy hedge fund. It employs a combination of global value strategies primarily in blue chips and mid-cap stocks. The fund also executes short sales. The firm mainly serves high net worth individuals and family offices located worldwide. <h2>History</h2> Gabriele Grego founded Quintessential Capital Management LLC in 2013. Since 2008, he has been the founder and chairman of the wealth management company Zanshin Capital. Gabriele Grego studied at Tufts University and at the London School of Economics and holds an MBA from SDA Bocconi. He is a regular presenter at various international investor conferences, especially within the Value Investing community. In 2015, QCM exposed Globo plc, which was unmasked as a total fraud after having inflated its revenue and profits through fabricated sales in a complex corporate structure of shell companies. "The stock initially fell about 27 percent to 28.25 pence, valuing the company at about 106 million pounds". Also in 2015, QCM detected and exposed another potential insurance scheme in the drug rehabilitation business. QCM confirmed reports by investment fund Bleecker Street of illegal activities, such as revenues of American Addiction Centers were inflated due to redundant and expensive urine tests on patients. Full disclosure of the findings were confirmed in a report issued by QCM. “On this news, shares of AAC Holdings fell $3.54 per share or over 10% from its previous closing price to close at $30.37 per share on March 3, 2015, damaging investors”.
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