Lemelson Capital Management


Lemelson Capital Management is a United States-based global investment management company founded in 2012 by Emmanuel Lemelson who is also a Greek Orthodox priest. The company is the general partner of The Amvona Fund, LP, a hedge fund that as of late 2015 managed around $20 million.
The company has focused on deep value and special situation investments. Within three years of its launch it had reported a net gain of 150%.

Management

Since its inception, Lemelson Capital has been managed by its chief investment officer Father Emmanuel Lemelson, who is also a Greek Orthodox priest.

Hedge fund performance

The Amvona Fund, LP, is a hedge fund that was launched in September 2012, and as of late 2015 managed around $20 million. By mid 2015 the company reported a net return since its launch of 150 percent.
Since 2014 the firm has publicized its performance under the provisions of the JOBS Act, one of a handful of hedge fund managers to do so.
In September 2018, Lemelson was sued by the SEC for stock manipulation, allegedly making false statements about Ligand Pharmaceuticals causing its share price to fall and profiting by $1.3m from the short positions.