HighVista’s Multi-Asset Alternative Strategy offers a carefully diversified and risk-managed portfolio of alternative investments, aiming to generate attractive long-term returns.
This all-weather strategy is intended to serve as a reliable core investment for broader portfolios, providing exposure to specialized alternative investments in both public and private markets. Beyond HighVista’s ability to invest across a range of areas, our investment success is driven by a strong emphasis on risk management, including thoughtful portfolio-level diversification, disciplined management of exposures, and effective tail risk mitigation strategies. Our investment team and process have withstood rigorous testing in various market stress scenarios, including the Global Financial Crisis, the COVID pandemic, and the 2022 rate shock. HighVista’s partners and their families have significant capital invested alongside clients in our multi-asset alternative strategy, creating deep alignment with our clients.
Portfolio Composition
Investment Philosophy
HighVista Approach to Alpha
Less Competitive Markets with Tailwinds
Seek areas with less competition and efficiency to generate excess returns; ideally with thematic tailwinds
Partner with Specialists with Edge
Specialists may benefit from better sourcing, underwriting, structuring, and asset management
Flexible Structure & Implementation
Active user of custom structures, co-investments, and direct investments to obtain access to attractive deals well beyond fund investments
HighVista Approach to Portfolio Construction
Downside Protection & Tail Risk Management
Protect against significant portfolio losses―these are very difficult to recoup
True Diversification & Macro-Light Exposures
Seek out drivers of return that fundamentally are less correlated with the broad economy
Liquidity Management & Catalyst-Driven Emphasis
Catalyst-rich opportunities enable “bond-like” laddering and enhanced liquidity as well as diversification
Meet the Multi-Asset Team
Partner, Chief Investment Officer
Partner, Deputy Chief Investment Officer
Partner
Partner
Partner
Partner
Quantitative Analyst