Solas Capital Management, LLC
Solas Capital Management, LLC is a hedge fund investment adviser headquartered in Darien, Connecticut. The firm is registered with the SEC and serves as investment manager to multiple private funds, as well as sub-adviser to additional funds. Founded in Delaware, Solas Capital Management manages hundreds of millions in assets and typically serves institutional and high-net-worth investors. As of 2025, the firm employs a small team of approximately 4 professionals.
Investment Strategy
Solas Capital Management, LLC manages investment vehicles focusing on public equities and related securities. The firm implements an active, discretionary long/short investment strategy across various sectors, leveraging deep fundamental research and portfolio management expertise. As a registered investment adviser, Solas Capital manages assets for its private funds and sub-adviser vehicles, seeking to generate attractive risk-adjusted returns for its investors. Its strategy often involves detailed security selection and risk management tailored to institutional quality standards.
Top Holdings
Equity Positions (20)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
E EPSN | EPSILON ENERGY LTD | 15.26% | $27.3M | 3,694,040 | $3.56 | $7.38 | +$656.6K |
F FENC | FENNEC PHARMACEUTICALS INC | 10.37% | $18.5M | 2,232,902 | $5.77 | $8.30 | +$4.8M |
G GO | GROCERY OUTLET HLDG CORP | 6.81% | $12.2M | 979,681 | $13.98 | $12.42 | -$1.6M |
A ACOG | ALPHA COGNITION INC | 6.66% | $11.9M | 1,276,012 | $5.89 | $9.33 | +$4.9M |
S SNDA | SONIDA SENIOR LIVING INC | 6.63% | $11.8M | 474,711 | $24.79 | $24.95 | -$275.1K |