ALTAIR GLOBAL MACRO PLATFORM
In a simplified world, investment outcomes can be illustrated using a bell curve. In “normal” times, investment outcomes most often occur in the center of the bell – modest gains or modest losses. This is the core of most investment portfolios. In less normal times, outsized gains or losses occur. Those gains and losses are represented on the outsides or “tails” of the bell curve. Hedging against the left side of the bell is tail risk management, while exploiting the right side of the bell is tail opportunity exploitation.
The Altair Global Macro Platform is comprised of two elements: Altair Global Macro Core (a Separately Managed Account) and Altair Tail Management, LP (a fund-of-hedge funds). The objective of the platform is the generation of consistent, low volatility, superior risk-adjusted returns.