Associated Capital Group, Inc. — Cyborg Score 6/10
Solid
Alternative Investment Management
Strategic Profile
The company operates multiple strategic pillars including Gabelli Private Equity Partners, LLC (formed in August 2017) and Gabelli Principal Strategies Group, LLC (created in December 2015). In September 2025, the company transitioned from NYSE listing to OTCQX, positioning itself as a nimble, capital-efficient investment manager with direct exposure to market events and valuations.
Cyborg Score Rationale
Associated Capital operates a focused alternative asset management model with stable AUM and disciplined capital deployment. However, the recent delisting to OTCQX signals reduced institutional prominence, and the small employee base (25 total) may limit operational scaling.
Top Insights
(September 2025) Transitioned from NYSE to OTCQX trading, reducing compliance costs to redeploy in client service and technology
(March 2026) Reported preliminary book value of $44.50–$44.70 per share, indicating stable asset base management
(November 2025) Q3 2025 AUM reached $1.41 billion, up from $1.34 billion at Q2 2025; merger arbitrage strategy returned +4.0% before expenses (+3.0% net) in Q3
Small, lean organization (25 employees) focused on alternative strategies including merger arbitrage and event-driven equity positions
Named Competitors
Merger Arbitrage / Event-Driven Strategies — Multi-billion-dollar alternative manager with event-driven and arbitrage focus
Alternative Asset Management — Multi-strategy hedge fund platform with significant AUM
Event-Driven Equity Strategies — In-house subsidiary managing direct investments and arbitrage
Recent Developments
(April 2026) AC reports preliminary March 31 book value of $44.50 to $44.70 per share
(February 2026) Reports fourth quarter and full year 2025 results
(November 2025) Q3 2025 results show AUM of $1.41B and migration to OTCQX complete
(September 2025) Delisting from NYSE and transition to OTCQX under symbol ACGP
Open the full interactive Associated Capital Group, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.