Category: Process

To help mitigate potential drawdowns, we deploy tactical hedges and align risk management decisions to conviction levels and return assessments.

Our active ownership approach is rooted in our ongoing analysis that incorporates macro and micro developments and relies upon consistent monitoring and reporting.

We build positions in as many as 50 of our highest conviction ideas, creating a long/short portfolio that is 50%-60% net long and leveraged between 1.2x-1.5x.

We analyze and assess financial and non-financial factors, trimming our investable universe to 200-300 companies. We then select roughly 100 names to regularly monitor for possible inclusion in the portfolio.

To define our investment universe of roughly 1,000 companies, we conduct a global macro analysis within the context of key energy transition drivers.