Firefly Value Partners, LP

Overview

Firefly Value Partners, LP is a hedge fund based in New York, NY, focusing on value-oriented investments in North American equities and other securities. The firm manages several funds, including the FVP Master Fund, L.P., FVP US-Q, LP, and FVP Overseas Fund, Ltd., which invest primarily in North American equities and other securities. Additionally, Firefly RE Management Company, LP manages the FMSPV, LP, a private equity fund focused on acquiring assets in the Marcellus and Utica shale basins. The firm's investment strategy emphasizes deep fundamental research, a rigorous proprietary investment process, a concentrated portfolio, and a three- to five-year investment horizon. As of December 31, 2019, Firefly managed approximately $760 million in regulatory assets under management on a discretionary basis. The firm's portfolio includes investments in companies such as Gulfport Energy Corporation, Wolverine Bancorp, Inc., and Neurobiological Technologies Inc. Firefly Value Partners, LP was established on January 2, 2007, and is a Delaware limited partnership with a principal office in New York, New York. The firm's address is 551 Fifth Avenue, 36th Floor, New York, NY 10176. The firm is led by portfolio managers Ryan Heslop and Ariel Warszawski, who are the limited partners and principal owners of Firefly Value Partners, LP and Firefly RE Management Company, LP. They also serve as managing members of Firefly Management Company GP, LLC and Firefly RE Management Company GP, LLC, which are the general partners of Firefly Value Partners, LP and Firefly RE Management Company, LP, respectively. The general partners have ultimate responsibility for the management, operations, and investment decisions made by Firefly. The firm's investment philosophy centers on identifying undervalued companies with strong growth potential and taking a long-term approach to investing, allowing them to make investments that others, with a shorter time horizon, may not pursue. This approach is designed to protect capital and achieve superior long-term results for their investors. Firefly Value Partners, LP is registered under the Investment Advisers Act of 1940, as amended, and provides investment management services to its funds in accordance with the regulations set forth by the Securities and Exchange Commission (SEC).

Investment Focus

• Qualified Purchasers
• Accredited Investors
• Non-U.S. Persons (for Offshore Fund)

Portfolio Companies