JPL Advsiors is a private fund advisor and manager based in New York City. JPL Opportunity Fund LP is our long/short hedge fund focused on investing in liquid securities that trade below their intrinsic value. We buy stocks at a discount to NAV including closed end funds, mortgage REITs, equity REITs, specialty finance companies, business development companies, and event driven special situations. Our shorts are typically expressed through sector ETFs and individual stocks trading at a premium to NAV, both directly and through options.