Running an "Old Fashioned" Hedge Fund with Adrian Keevil of Plustick Partners

<p>In this episode, Jeff Malec talks with Adrian Keevil of Plustick Partners about his path from corporate finance and academic research to investing, and how his work on stakeholder relationships informs the firm’s approach. Keevil explains Plustick’s old-fashioned partnership philosophy and its focus on distressed, event-driven, and special-situations investing, from overlooked assets and misunderstood businesses to shorting unsecured bonds. He also shares the personal and professional experiences behind his perspective, including his family’s history in market trading and lessons from studying how real businesses operate. The conversation explores portfolio construction, credit markets and private credit, the potential economic effects of AI, and the ethical questions AI raises in business and education. It wraps up with Keevil’s Charlottesville restaurant recommendations.  - SEND IT!</p><p><strong>Chapters:</strong></p><p><strong>00:00-01:23= </strong>Intro</p><p><strong>01:24-11:54= </strong>Plustick Partners and the Old-School Hedge Fund Model<strong> </strong></p><p><strong>11:55-30:29=</strong>Distressed Investing, Hidden Assets, and Building a Resilient Portfolio<strong> </strong></p><p><strong>30:30-48:00=</strong>Unsecured Bond Shorts, Credit Markets, and Finding the Story Behind a Business<strong> </strong></p><p><strong>48:01–58:37 = </strong>Private Equity, FanDuel, and Plustick’s Idea-Driven Research Process<strong> </strong></p><p><strong>58:38–1:10:55 = </strong>AI, the Future of Work, and Business Ethics + Top restaurants in Charlottesville<strong> </strong></p><p><strong>From the Episode:</strong></p><ul><li><strong>NEW WHITEPAPER: </strong><a href="https://info.rcmalternatives.com/beat-the-market-whitepaper" target="_blank" rel="noopener noreferer"><strong>Beat the Market with Less Volatility</strong></a></li></ul><ul><li><p><strong>PODCAST: </strong><a href="https://www.rcmalternatives.com/2026/09/zigs-zags-and-finding-micro-cap-winners-with-ian-cassel/"><strong>Zigs, Zags, and Finding Micro Cap Winners with Ian Cassel</strong></a></p></li></ul><p><strong>Follow along with</strong><a href="https://www.linkedin.com/in/eric-crittenden-b344b71/"><strong> </strong></a><a href="https://www.linkedin.com/in/adrian-keevil-phd-286a352/"><strong>Adrian</strong></a><strong> and </strong><a href="https://www.linkedin.com/company/plustick-management-llc/home/"><strong>Plustick</strong></a><strong> </strong><a href="https://www.linkedin.com/company/