Reservoir was founded in 1998 based upon the belief that patient capital and a flexible investment mandate are competitive advantages in the pursuit of superior, long-term risk-adjusted returns. Reservoir's primary investment objective is to identify or create investment opportunities with asymmetric risk/reward profiles – generally offering enhanced downside protection and meaningful upside optionality. These investment opportunities are frequently found in out-of-favor areas experiencing fundamental change and/or scarcity of capital. We also believe a large portion of investment returns are generated by allocating assets to the most attractive asset classes or sectors at opportune times, and that partnering with world-class managers and specialists may provide enhanced risk/reward profiles, superior economics and proprietary deal flow.

Daniel H. Stern and Craig A. Huff, Co-Chief Executive Officers, and Gregg M. Zeitlin, a Senior Managing Director, founded Reservoir and have worked together as a team for more than fifteen years, including their prior tenure managing Ziff Brothers Investments. The founders are joined by Adeel A. Qalbani, a Senior Managing Director, in leading Reservoir's investment efforts.