Serrur & Co. is a New York-based investment firm focused on opportunities where legal, financial, or structural complexity has created a meaningful gap between price and intrinsic value. We invest across the capital structure with an emphasis on rigorous underwriting, margin of safety, and patience.
We look for opportunities that are neglected, misunderstood, or difficult to analyze. Our best ideas often arise in restructurings, litigation-related dislocations, and other special situations where careful primary research and independent judgment can create an edge.
We are bottom-up investors. Some investments have clear catalysts; others simply require time. In all cases, our objective is the same: to buy value at a discount, reduce the risk of permanent loss, and let sound underwriting drive results.
Price matters. We invest only when price is well below our estimate of intrinsic value and downside is supported by asset coverage, legal priority, cash-flow durability, or a clear path to value realization.
We prefer situations where legal, procedural, or structural complexity reduces competition and increases the likelihood of mispricing.
We are willing to be selective, to concentrate when conviction is high, and to remain patient when value realization is not immediate.
Before founding Serrur & Co., Ezra was an investment analyst at DSC Meridian Capital, a distressed debt investment firm. His background in law, accounting, and investment analysis informs a research process grounded in primary documents, capital structure analysis, and independent underwriting.
For investor or business inquiries, please contact us at info@serrurco.com.
This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment products. Any such offer or solicitation may be made only pursuant to definitive offering documents and in accordance with applicable law. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.