Contact Us MenuJohnson Randall is an independent hedge fund manager that files as an exempt reporting adviser in Utah. Based in Salt Lake City, we manage Catalyst+, an equity and options strategy, bringing together experience in catalyst-driven investing, portfolio construction, securities law, and firm operations.
Explore our experienceInvestment
judgment.
Legal
perspective.
A shared investment process
A market event is also a business question, a disclosure question, and a portfolio decision.
Our combined backgrounds bring these perspectives into the same conversation. Investment research examines the opportunity. Securities law experience adds context to corporate actions, filings, and regulatory developments. Options expertise connects the thesis to a position and its risks.
Firm operations, compliance, and ongoing oversight support the work around that decision.
Four areas of experience inform how we research, implement, and oversee the strategy.
Company fundamentals, catalyst analysis, market expectations, and the relationship between price and value.
Identify what could change, assess the business behind the event, and consider the consequences if the thesis is wrong.
Position structure, premium, protective instruments, assignment, and the exposure that remains as a trade evolves.
Connect the investment view to its potential outcomes, including collateral needs, liquidity, and changing protection.
Experience interpreting regulatory filings, corporate disclosures, legal structures, and company-specific developments.
Examine the terms and context of an event, including the disclosures, regulatory decisions, or corporate actions that may influence it.
Legal framework, compliance, operations, and the responsibilities involved in building and managing the firm.
Bring operational considerations and accountability into the investment process and the investor relationship.
The same opportunity is examined through multiple lenses before, during, and after implementation.
Read the event in the context of the company, its disclosures, and the expectations reflected in market prices.
Evaluate the position’s structure, obligations, potential losses, and the decisions it may require.
Review new information, pricing, and portfolio exposure as the catalyst and the position develop.
Examine the evidence, question assumptions, and distinguish the investment thesis from the market narrative.
Discuss potential losses, obligations, and the limitations of protection alongside the opportunity.
Connect research, implementation, and ongoing review rather than treating the initial trade as the final decision.
A focused partnership, with a direct path to a conversation about the strategy and the diligence process.
95 S State Street, Ste 850Discuss our hedge fund approach, ask questions, and learn more about the Catalyst+ investment process.
Contact the team Fund materials are available only to eligible prospective investors, subject to applicable requirements.