Associated Capital Group Inc (AC) Earnings

Associated Capital Group, Inc. operates as a holding company, which engages in alternative investment management services and operates a direct investment business that invests in new and existing businesses. The company is headquartered in Greenwich, Connecticut and currently employs 24 full-time employees. The company went IPO on 2015-11-09. The company conducts its investment management activities through its wholly owned subsidiary GCIA and its wholly owned subsidiary, Gabelli & Partners, LLC (Gabelli & Partners). GCIA and Gabelli & Partners together serve as general partners or investment managers to investment funds, including limited partnerships and offshore companies (collectively, Investment Partnerships), and separate accounts. The company primarily manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. The company manages assets on a discretionary basis and invests in a variety of the United States and foreign securities. The company serves a variety of investors globally, including private wealth management clients, corporations, corporate pension and profit-sharing plans, foundations and endowments.