Gladstone is a fundamental equity investment manager founded by George Michelakis in 2005. The Firm's flagship Lasker Fund is a global Long | Short equity fund with a typical net exposure range of 20–50%. The Firm generates returns on Long and Short investments by using a fundamental research approach to identify structurally value creating and value destructive companies and industries. The research focuses on governance, industry structure evolution, structural change, corporate change, balance sheet structure, capital allocation and returns on capital.