We are often asked for our thoughts regarding BDCs. Many investors find them attractive, but would like to know our team’s view before building them into their alternative allocations. In our due diligence, the BDC space is currently an asset class where investors have to be a bit more discerning…
Q2 Update: First Trust Merger Arbitrage Commentary (VARBX)
Click here for the Q2 commentary for First Trust Merger Arbitrage (VARBX).
FT-AIR Insights: The Impact Of Cap Rates On Real Estate
When looking at the spread in apartment cap rates relative to the 5 yr treasury, along with the period right before the 2008 crash, this is the worst spread level for at least the past 23 years. What is FT-AIR’s view on how private real estate investments can stlll achieve…
Q2 Update: First Trust Alternative Opportunities Commentary (VFLEX)
Click here to read our most recent quarterly portfolio manager commentary.
FT-AIR Insight: IPO Market Thaw Is Welcome Sight for VC’s
Online grocery firm Instacart (CART) is gearing up for its IPO, seeking up to a $9.3 billion valuation that sets an offer price of between $26 and $28 per-share. The debut will put the IPO market to the test after a 2-year-long freeze on stock market listings. As a firm,…
FT-AIR Insights: Our Approach to Hedge Fund Investing
Our approach to hedge fund investing is two-fold: first, to create a well-balanced and diversified portfolio with exposure to multiple different asset classes and strategy groups and second, to select managers and allocate capital through a process underpinned by bottom-up, fundamental diligence. We view these two dynamics as the key…
FT-AIR Insights: Private Equity and Artificial Intelligence
Artificial intelligence (“AI”) is a topic permeating throughout virtually all facets of media, especially within financial news. As is often the case, the more immediate impacts of these developments have been observed across public markets. For example, one of the most immediate beneficiaries within public markets has been Nvidia (NVDA),…