Lemelson Capital Management

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Lemelson Capital Management
TypeLimited Liability Company
IndustryHedge Fund
Area served
Key people
Emmanuel Lemelson, Chief Investment Officer
ProductsThe Amvona Fund, LP The Amvona Fund, Ltd

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.[of what?][citation needed]

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%.[1]


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[edit]

The Amvona Fund, LP, is a hedge fund that was launched in September 2012, and as of late 2015 managed around $20 million.[2] By mid 2015 the company reported a net return since its launch of 150 percent.[1]

Since 2014 the firm has publicized its performance under the provisions of the JOBS Act,[3] one of a handful of hedge fund managers to do so.[4]

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.[5][6]


  1. ^ a b Gara, Antoine (October 27, 2015). "The WSJ's Hedge Fund Priest Has A Terrible Trade Under His Robe". Forbes.
  2. ^ Copeland, Rob (October 28, 2015). "Hedge-Fund Priest: Thou Shalt Make Money". Wall Street Journal. Retrieved 19 December 2015. (Subscription required)
  3. ^ Keidan, Maiya (25 September 2014). "Who wants to be an SEC Target?". HFMweek. p. 20. Retrieved 16 January 2016.
  4. ^ "Much Confusion Surrounds JOBS Act Filings". Hedge Fund Alert. August 13, 2014. Retrieved 21 January 2016.
  5. ^ Matt Robinson (September 12, 2018). "Hedge Fund Priest Sued by SEC for Alleged Stock Manipulation". Bloomberg. Retrieved September 13, 2018.
  6. ^ "Priest, Hedge Fund Manager Charged With Fraudulent Short-Selling Scheme". Institutional Investor. Retrieved 2020-01-29.

External links[edit]