We have honed our research process over more than thirty years of experience in varied market environments. The following guideposts underpin all of our investment decisions and recommendations:
Fundamental investment research is core to the work we do on behalf of our clients. Our investment process encompasses sourcing, manager research, due diligence, ongoing monitoring and portfolio construction. We have long-term relationships with high quality managers, some of which date back more than 30 years.
We continuously work to identify new manager talent through our extensive network of contacts. For our commingled vehicles, our team of investment professionals is charged with evaluating investment strategies and opportunities, reviewing offering documents, negotiating terms, and conducting operational due diligence.
We cover the full spectrum of hedged strategies, which serve as valuable diversifiers in an investment portfolio. We seek attractive risk-adjusted returns with low correlation to traditional stocks and bonds. Over thirty years of experience and our scale have provided a legacy of deep industry networks and a reputation as a valued partner. We believe this is critical to accessing managers with the talent to adapt to fast changing markets.
Our opportunistic strategies offer a particularly attractive risk/return profile and are designed to be impactful at the total portfolio level. This idea generation is a by-product of our deep manager relationships as the specific strategies tend to “bubble-up” from our ongoing research work. Examples have included master limited partnerships, insurance-linked securities orphaned by distressed sellers, and Japanese equities.
We believe private assets offer the opportunity for strong absolute returns at a premium to public markets. We build diverse portfolios of venture-backed and buyout companies through primary fund commitments, co-investments, and opportunistic secondaries. We seek to capitalize on inefficiencies in less-trafficked areas of the market and target partnerships with industry-focused teams who implement operationally intensive strategies.
Our research of active managers is fundamentally-driven and index-agnostic. We prefer to allocate capital to highly-aligned, off-the-run managers implementing concentrated portfolios. We seek competitive equity returns with lower volatility over full market cycles.
Well-constructed exposure to tangible assets can provide attractive, diversifying features to portfolios including regular cash flow, inflation protection, and uncorrelated returns. Through selective allocations to real estate, energy, infrastructure, and other hard assets, we believe Real Assets can help to bolster the resiliency of clients’ portfolios.
We approach each client as an individual with respect to portfolio construction, reporting and communication and additional services. Each client has a designated representative backed by the full capabilities of our Gerber Taylor team. Our investment team is accessible and responsive to client needs.