Ejf Capital LLC
EJF Capital LLC is a global institutional alternative asset management firm headquartered in Arlington, Virginia, with a subsidiary in London. Founded in 2005 by Emanuel J. Friedman and Neal Wilson, EJF specializes in regulatory event-driven strategies focusing on the financial services and real estate sectors. The firm manages assets across multiple strategies including hedge funds, private credit, private equity, venture, and real estate, and serves a broad spectrum of institutional investors in over 18 countries. EJF currently has approximately 45 employees worldwide and operates offices in Arlington and London.
Investment Strategy
EJF Capital employs regulatory event-driven investing primarily in financials and real estate, seeking opportunities across the capital structure in both debt and equity. The firm implements a range of strategies including financial debt, real estate (notably qualified opportunity zones), litigation lending, and early-stage fintech through EJF Ventures. EJF leverages expertise in capital markets and bank relationships to identify investing opportunities resulting from regulatory change, market inefficiencies, and complex or mispriced securities. The approach is multi-asset, focusing heavily on capital solutions for community banks, credit risk transfer transactions, and creative private market lending while maintaining exposure to public markets.
Latest 13F Filing Activity
Ejf Capital LLC filed their most recent 13F report on Jun 30, 2025 disclosing 67 equity positions with a total 13F market value of $126M. The fund increased holdings in Orange CNTY Bancorp Inc., Renasant Corp., NB Bancorp Inc. among other positions. Ejf Capital LLC reduced exposure to First Bancshares Inc. Miss, Midwestone Finl Group Inc. Ne, Dime CMNTY Bancshares Inc. among others.
Top Holdings
Equity Positions (67)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FCNCA | FIRST CTZNS BANCSHARES INC N | 3.44% | $4.3M | 2,209 | $1002.52 | $1956.47 | -$74.3K |
B BUSE | FIRST BUSEY CORP | 3.37% | $4.2M | 185,029 | $21.60 | $22.89 | -$110.8K |
W WSBC | WESBANCO INC | 3.31% | $4.2M | 131,537 | $31.57 | $31.63 | -$1.7M |
C COF | CAPITAL ONE FINL CORP | 3.28% | $4.1M | 19,379 | $136.48 | $212.76 | -$11.6K |
G GNW | GENWORTH FINL INC | 3.11% | $3.9M | 502,000 | $5.47 | $7.78 | +$147.9K |
Industry Allocation
Investment Team (18)
| Name | Role | Location | |
|---|---|---|---|
A Asheel Shah | Senior Managing Director, Head of Real Estate | Arlington, VA , United States | |
 | Partner, Managing Director, Head of Business Development | Washington, DC , United States | |
 | Managing Director, Portfolio Management | Arlington, VA , United States | |
C Chris Kazacos | Senior Managing Director and Partner, Trading | Arlington, VA , United States | |
 | Managing Director, Business Development | United States | |
 | Senior Managing Director | Long Hill, NJ , United States | |
 | Co-Chief Investment Officer, Senior Portfolio Manager | Arlington, VA , United States | |
O Omer Ijaz | Senior Managing Director, Portfolio Manager | London, United Kingdom | |
R Regina Richardson | President | Arlington, VA , United States | |
S Steve Stelmach | Managing Director | Arlington, VA , United States |