ACR’s investment strategies are a direct outgrowth of our mission, values and principles.
Our Investment Strategies have three common objectives
- Protect capital from impairment
- Generate a satisfactory absolute return in the long-term
- Exceed the strategy benchmark in the long-term
EQUITY QUALITY RETURN (EQR)
FEATURES
- 20-stock target
- Bottom-up fundamental value
- Multi-cap with quality discipline
- Low turnover
- Liquid reserve when opportunity is limited
- US-focused with up to 20% international
- Absolute return discipline with hurdle rate objective
- Market benchmark: S&P 500
- Lower correlation to index than traditional equity strategies
ATTRIBUTES
- Flagship strategy with proven track record since April 2000
- Capital protection and absolute return demonstrated during low-return periods
- Record of underwriting success between long-term return forecast and actual results
PERFORMANCE AND FACT SHEET
EQUITY PARTNERS
FEATURES
- Focus on partnering our investors’ capital with founders, owner operators, companies with long term strategic shareholders and long-tenured management teams
- 15-25 holdings target with the top five holdings generally representing 30-40% of the total portfolio
- Bottom-up fundamental value
- Concentration is balanced with diversification. No industry will represent more than 25% of portfolio holdings at purchase
- Invest exclusively in U.S. and Canadian securities
- Multi-cap portfolio allows for the opportunity to go where there is value regardless of market conditions
- Low Turnover: long holding periods allow portfolio businesses to generate cash flows and earn value while also enhancing after-tax returns
- Cash and equivalents are retained when opportunities are limited
- Market Benchmark: S&P 500
- High active share: a lower correlation to the index than traditional equity strategies
ATTRIBUTES
- Our primary objective is compounding our investors’ capital at rates above our cost of capital over a full market cycle
- Lead portfolio manager with proven record on ACR’s flagship strategy
OPPORTUNITY
FEATURES
- 30-50 security target across global equity and credit markets
- Bottom-up fundamental value
- Multi-cap in both equity and credit
- Broad latitude to invest throughout capital structure
- Liquid reserve when opportunity is limited
- Absolute return discipline with hurdle rate objective
- Market benchmark: MSCI All Country World Index
- Low correlation to index
ATTRIBUTES
- Unusually wide mandate allows for highly selective portfolio
- Bottom-up valuation framework across asset classes
EQUITY INTERNATIONAL
FEATURES
- 20-stock target
- Non-US developed market focus
- Bottom-up fundamental value
- Multi-cap with quality discipline
- Low turnover
- Liquid reserve when opportunity is limited
- Absolute return discipline with hurdle rate objective
- Market benchmark: MSCI ACWI ex USA Index
- High active share – a lower correlation to the index than traditional international equity strategies
ATTRIBUTES
- Lead portfolio manager with proven record on ACR’s flagship strategy
- Ability to concentrate in undervalued pockets of international markets
ACR STRATEGIC CREDIT (ASC)
FEATURES
- Lead portfolio manager former head of distress with leading credit fund
- Over twenty-five years’ experience investing through three major cycles
ATTRIBUTES
- Margin of safety and capital preservation is the primary objective.
- Compounding our investors’ capital above our cost of capital throughout a full cycle of expanding and contracting market prices the second objective
- Expect to produce a compelling risk/return profile underscored by long-term, full cycle, net of fee, absolute returns