Investment Strategies

Enhanced Discretionary Equity

Correlated Strategy with a Focus on Capital Preservation

Our view is that fundamental research wins in the long-run. Whether it’s sifting though company annual reports or doing in-depth analysis of the macroeconomic environment, we systematically apply this theme to drive the selection of our diversified portfolio of high-quality stocks.

Layered on top of a long-only portfolio, we believe that investing in special situations, such as publicly announced mergers & acquisitions, spinoffs, or tender offers provide opportunities to boost the return profile of the overall portfolio without materially increasing volatility.

As such, we seek to consistently outperform the S&P 500 Index.

Energy Arbitrage Absolute Return

Capable of Providing Alpha During Market Downturns

For nearly 20 years, the principals were the primary advisors to the electricity trading desk of one of the world’s largest investment banks. They advised on nearly $1B of market-neutral investments, resulting in annualized return of over 25%.

Our absolute return strategy focuses on investing in arbitrage opportunities based in the US wholesale electricity markets. Proprietary quantitative algorithms help us find opportunities.

Electricity markets are almost completely uncorrelated with equity or bond markets. We think that this strategy is well-suited to P&C companies because it has the ability to provide a ballast for bond or stock heavy investment portfolios in times of crisis.