Thematic · Event-driven · US equities
Positioned for opportunity.
Altai Capital is a thematic, event-driven investment strategy specialising in US equities. We position for opportunity: opportunity with a probabilistic, uncertain outcome. The research, the read on markets and the track record are published here in full.
Track record
Published in full, up or down.
The risk-adjusted record since inception, computed live from the engine that runs the book. Explore it at five levels of risk, against SPY, QQQ or cash, gross or net of fees.
Growth of 100 · since 2024 · measured risk · gross
Altai Capital (risk adjusted) SPY
Annualised
+38.9%
SPY +15.9%
Since inception
+106.7%
SPY +38.6%
Max drawdown
-18.6%
SPY -19.0%
Monthly Sharpe
1.13
SPY 1.26
Strategy
How we invest.
Altai Capital is a thematic, event-driven investment strategy specialising in US equities. We position for opportunity: opportunity with a probabilistic, uncertain outcome.
- 01
Strategic Positioning in Thematic Cycles
Thematic trends drive the market's most powerful and sustained moves, often outpacing traditional valuation anchors.
- 02
Capitalising on Catalyst-Driven Market Repricing
Markets recalibrate most dramatically during events, when expectations and reality diverge.
- 03
Aggressive Downside Protection
Risk management at Altai Capital operates as a systematic first principle.
Publications
What we publish.
Market Insights are free. Equity Research, which includes the theses, earnings recaps and narrative reports, is for Summit members, who also see the current portfolio.
Latest
Latest research.
Newsletter
Market Insights, free.
Basecamp readers get Market Insights, the weekly and monthly view on markets. Summit members get the research itself: theses, earnings recaps, narrative reports and the current portfolio.