Financial Services - Lakewood Township, New Jersey, United States
Lexington Capital Management LP (formerly Lexington Securities LLC) was founded by Joel Wolhendler in 2013. Lexington utilizes a unique, active, and opportunistic trading-oriented equities and options strategy, and seeks to generate absolute, double-digit returns regardless of market conditions. The strategy leverages a combination of technical and fundamental analysis to build a portfolio of high conviction long and short trades. Short positions are for alpha-generation and cash is used to control portfolio volatility and preserve capital. An emphasis on liquid, mid- to large-capitalization companies makes the strategy very repeatable and highly scalable. Lexington believes that its ability to interpret the market's message, avoid systematic noise, and identify fundamental changes before other market participants is a key element that enables it to generate favorable risk-adjusted returns.