Salient Partners, L.P. (“Salient”), a real asset and alternative investment firm that offers a suite of strategies focused on energy infrastructure, real estate and tactical alternative investments, was awarded the 2021 Refinitiv Lipper Fund Award for the Salient Tactical Growth Fund within the Absolute Return Funds category for consistently strong risk-adjusted returns over the 10-year period ending November 30, 2020 out of 11 funds.
The Salient Tactical Growth Fund is a long/short equity mutual fund and its investment objective is to produce above-average, risk-adjusted returns in any market environment, while exhibiting less downside volatility than the S&P 500 Index. It is designed to serve as a core investment in an investor portfolio to protect against losses in equity market downturns and participate in market upside. Using active market exposure management, the Fund moves in and out of the market incrementally based on macro and technical factors.
The Salient Tactical Growth Fund is led by Christopher J. Guptill, Co-Chief Executive Officer, Chief Investment Officer and Portfolio Manager at Broadmark Asset Management, which serves as the Fund’s sub-advisor, and Ricardo Cortez, Co-Chief Executive Officer at Broadmark.
“Our strategy has weathered many market events over the last decade—the 2008 Global Financial Crisis, the Great Recession that followed and a global pandemic; throughout these events, the Fund has been able to provide superior investment returns with less volatility than the general market and that is something our team is proud of,” said Mr. Guptill.
“This award is a recognition that we not only preserve, but grow our clients’ capital over time. It is also meaningful to us that we were recognized within the peer group of managers who seek absolute positive returns,” commented Mr. Cortez.
For more than 30 years, the Refinitiv Lipper Fund Awards have recognized funds and fund management firms for their strong risk-adjusted three-, five- and ten-year performance relative to their peers. Lipper applies a quantitative, proprietary methodology to determine the winners of the awards, which reflect an independent assessment of fund performance.
Salient Partners, L.P. (“Salient”) is a real asset and alternative investment firm that offers a suite of strategies focused on energy and infrastructure, real estate and tactical alternative investments. Institutions and investment advisors turn to Salient to build smarter, more efficient portfolios. Strategies are offered in the form of open- and closed-end funds and separately managed accounts. Salient was founded in 2002 and has offices in Houston and San Francisco. Learn more about Salient at www.salientpartners.com.
FOR INVESTOR INQUIRIES:
Salient Partners, L.P.
FOR MEDIA INQUIRIES:
Catherine P. Jones