Overview
Bancreek Capital Management, LP (“BCM” “our” or the “Firm”) is an SEC registered investment
adviser with its principal place of business in Santa Monica, California. BCM was founded in 2021.
The Adviser’s principal owner and Chief Investment Officer is Andrew Skatoff.
BCM serves as an investment manager or adviser to the Bancreek Generations Fund, LP, and
Bancreek Partners Fund, LP, both of which are affiliated with the Firm, and are organized to invest
in securities and other financial instruments (the “Funds”). In providing such services to each Fund,
the Company formulates its investment objective, directs, and manages the investment and
reinvestment of each Fund’s assets and provides reports to investors. The Firm manages the assets
of each Fund in accordance with the terms of the governing documents applicable to each Fund.
Additionally, BCM provides discretionary investment management services to multiple separately
managed account clients (“SMAs”).
The Funds and SMAs collectively together are, BCM’s “Clients.” Bancreek Generations GP, LLC
is the general partner (the “General Partner”) of the Funds. Andrew Skatoff controls the General
Partner. Unless and only to the extent that the context otherwise requires, references to BCM
includes the General Partner. The Funds are intended for institutional investors and other
sophisticated investors.
The investment
objective of BCM is to seek compelling risk-adjusted returns by identifying and
investing in value-accreting businesses over the course of the business cycle. BCM will seek to
achieve its investment objective by investing predominantly in corporate equity securities, and
related instruments in global markets. Please see Item 8 (Methods of Analysis, Investment
Strategies and Risk of Loss) of this Brochure for a more detailed description of our investment
strategy, methods of analysis and associated material risks.
BCM manages Client assets in accordance with the terms set forth in the applicable organizational
documents, limited partnership agreement, investment management agreement, and/or subscription
agreements, as the case may be (each and collectively, the “Governing Documents”). BCM does
not tailor advisory services to the individual needs of investors in the Funds (the “Investors”) and
does not accept Investor imposed investment restrictions.
BCM manages $203,363,797 of regulatory assets under management on a discretionary basis as of
December 31, 2023.
In addition to advisory services provided to the Funds and SMAs, BCM also provides model
investment recommendations to an account with a value of $77,658,809 as of December 31, 2023.
The Company provides only model portfolio investment recommendations and does not provide
trade instructions to any broker.