Publications
Publications
  • December 2021
  • Case
  • HBS Case Collection

Grace Capital

By: Sara Fleiss, Robin Greenwood, Eren Kuzucu and Denise Han
  • Format:Print
  • | Language:English
  • | Pages:19
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Abstract

In March 2020, the global pandemic was delivering a dose of volatility to the U.S. economy. Catherine Faddis, the CIO of Grace Capital, a Boston-based long-only equity manager, analyzed movements in her portfolio while eyeing previously shelved opportunities to invest in preferred stock. The case explores the characteristics of preferred stock, the investment philosophy and strategy of Grace Capital, and the decision making process behind the team at the fundamentals-based investment fund.

Keywords

Preferred Stock; COVID-19 Pandemic; Economy; Health Pandemics; Volatility; Entrepreneurship; Finance; Investment; Strategy; Decision Making; Investment Portfolio; Financial Services Industry; United States

Citation

Fleiss, Sara, Robin Greenwood, Eren Kuzucu, and Denise Han. "Grace Capital." Harvard Business School Case 222-052, December 2021.

About The Authors

Sara L. Fleiss

Finance
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Robin Greenwood

Finance
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