For investments, the ACI Partnership Fund adheres to a disciplined, fundamental value approach. The fund utilizes an opportunistic investment process that analyzes companies from the bottom up with a focus on balance sheet analysis first and potential market dislocations second. Our partnership also seeks absolute returns for our limited partners over the long term, versus a relative return to a benchmark, while minimizing investment risk.
Our approach to both the balance sheet analysis and the company’s managerial demonstrated capabilities concentrates on “what does it mean” in terms of understanding a business, in contrast to “what does the crowd think.” For the Partnership, since stock market prices do not determine business value, we do and will take market risk, but constantly challenge ideas to limit investment risk.
