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.

2005
Track record back to 2005
Diversified
Diversified portfolio with significant exposure to less efficient and harder to access markets
Turnkey
Turnkey cashflow and liquidity managed portfolio

Portfolio Composition

 

Multi-asset 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

Quantitative Analyst