EJF focuses on regulatory change and where we believe investment opportunities will be created. The firm employs a value-based, fundamental approach to security selection with a macro overlay based on the regulatory environment. Since inception, EJF has focused on anticipating and positioning around the regulatory pendulum that swings from highly regulated to deregulated, and back. EJF analyzes the pendulum movement to forecast how we believe institutions are going to lend and invest.

We believe one of the keys to this is the firm’s office locations both inside Washington, D.C.’s beltway as well as London, which provide access to the regulatory ecosystem present in both capital cities, and as a result, nuanced insight into the effects of regulation and deregulation.

Our History

EJF's expertise in highly regulated industries has allowed the investment team to carefully time when and where to deploy capital most effectively.

Founded in 2005 by Emanuel J. Friedman and Neal J. Wilson

Headquartered in Arlington, Virginia (Washington, D.C. metro area) with offices in London and Shanghai

Total firm AUM of $5.9 billion as of March 31, 2024, including $3.0 billion in CDO assets through affiliates, and 45+ employees as of May 1, 2024

Seasoned investment team of approximately 20 with significant experience in banks, financials and real estate

Employee-owned firm focused on entrepreneurial thinking, alignment and partnerships with management teams and investors