Live From the Desk

Live From the Desk 10

Catalyst Investing The Vertex Fund and Vertex Growth Fund invest in a variety of situations that fall under the umbrella of catalyst investing. There are many types of opportunities in this category. The following are some examples: Mergers and acquisitions Companies that have put themselves up for sale Shareholder activism Refinancings Shares repurchases and Dutch …

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Live From the Desk 9

Over our Shoulder You are only as wise as the information you receive, so with that in mind, we try to read as much as possible to stay informed. We thought we would share some examples of what we have been reading lately. Enjoy your Labour Day Weekend! Recent Articles of Interest: Why This Crisis …

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Live From the Desk 8

An IPO Announcement (with potentially more to follow) Despite the headlines as of late, there have been positive developments that are flying under the radar. An example of this is the plans for an IPO, just filed on Tuesday, for a bond that we hold. One of the investment theses that we have talked about …

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Live From the Desk 7

A Look at High Yield The action in the markets these past few months has forced us to revisit our theses on names in the Enhanced Income Fund. The high yield space has been hit just like equities and in some cases worse because it is relatively illiquid. To give us a reprieve from looking …

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A Note About Hedging

It is always a paramount concern of ours to protect capital along with generating growth. In situations like the one we have witnessed over the last few weeks the wisest course of action for a portfolio manager and investors alike is to not panic alongside the markets. A portfolio manager can make small adjustments to …

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