CHICAGO--(BUSINESS WIRE)--Aurora Investment Management L.L.C. (“Aurora”), a Chicago-based alternative investment manager, has announced that it has entered into a strategic relationship with Sentinel Dome Partners, LLC (“Sentinel Dome”), whereby Aurora has provided early stage capital to funds managed by Sentinel Dome. Sentinel Dome is an opportunistic event-driven manager headquartered in San Francisco.
Sentinel Dome was founded by Chief Investment Officer Munir Alam and Chief Operating Officer Kirk Dizon in early 2014. Prior to founding Sentinel Dome, Mr. Alam was Co-Portfolio Manager of Watershed Asset Management, an event-driven credit focused firm with over $1 billion in assets under management. Mr. Alam said the following about the relationship with Aurora: “Our team looks forward to building an investment organization focused on generating superior risk-adjusted returns. We are fortunate to receive the support of the entire Aurora team who has the history of being an early investor in many of today’s marquee investment organizations.”
Sentinel Dome employs an opportunistic event-driven strategy focusing on mispriced assets and complex situations across the capital structure. Sentinel Dome runs a concentrated portfolio of high conviction ideas which are selected through a process that seeks to identify undervalued opportunities as well as catalysts to unlock intrinsic value. On the outlook for the strategy, Mr. Alam said: “Our deep, long-term understanding of businesses combined with our rigorous process help us source attractive investment opportunities across the capital structure. Ongoing corporate activity, dislocations in select sectors and uncertainty in the overall environment continue to create opportunities for the strategy.”
In its more than 26 years of identifying investment talent, Aurora has consistently sought to identify skilled alternative investment managers early in their business cycle, and has been an early stage investor with many successful hedge fund managers. Aurora’s Chief Investment Officer Justin Sheperd commented on the investment, “We feel Munir’s vast level of experience combined with Sentinel Dome’s flexible, opportunistic approach will allow them to generate attractive returns across various market cycles.”
Aurora is one of the world’s leading managers of hedge fund portfolios in the alternative investments industry. Since its founding in 1988 with the launch of Aurora Limited Partnership, Aurora has managed hedge fund portfolios, pursuing investment results with a consistent investment philosophy, a commitment to superior due diligence, and a disciplined investment process. Headquartered in Chicago, Aurora manages assets for institutional clients, including corporate and public pension funds, foundations and endowments, insurance companies, and healthcare organizations. Since 1995, Aurora has provided customized portfolio solutions to clients to help them meet their specific investment objectives. Further information is available at www.AuroraLLC.com.