Brett Barakett's Tremblant Capital Launches Actively Managed ETF
May 03 2024 - 8:00AM
Business Wire
New investment vehicle combines more than two
decades of experience investing clients’ capital with the tax
advantages and innovation of an exchange-traded fund
Tremblant Capital (“Tremblant”), a global public equity
investment firm founded by Brett Barakett in 2001, has launched the
Tremblant Global ETF under the ticker “TOGA” on the New York Stock
Exchange. TOGA is an actively managed ETF that seeks long-term
capital appreciation by leveraging Tremblant’s fundamental research
and global investment management expertise.
TOGA seeks to identify investments in two categories: companies
undergoing disruptive consequential change, and durable long-term
growth businesses. The strategy aims to capture compelling growth
in free cash flows that are often underappreciated by other market
participants. Tremblant’s investment process generally utilizes a
combination of business model assessment, financial model analysis,
proprietary data science research, and deep industry knowledge.
TOGA will generally hold 30-50 positions in developed markets, with
an emphasis on large-mid cap companies.
“TOGA is an important milestone in the continued evolution of
our firm as it combines Tremblant’s 23 years of experience
investing our clients’ capital with the tax advantages and
innovation of an ETF,” said Brett Barakett, Chairman and Chief
Investment Officer. “We believe this ETF provides investors with
important benefits in that it increases the power of compounding
through its tax efficiency, while offering liquidity, transparency,
and ease of use.”
Mr. Barakett’s investment career spans three decades and
numerous market cycles. He, along with the firm’s four senior
investment partners have worked together extensively for nearly 20
years and possess a proven track record of recognizing and
evaluating compelling opportunities.
Mr. Barakett added, “Our team focuses on delivering long-term
value through our analytical approach and sector expertise. Our
people and investment process continue to be our most critical
assets.”
About Tremblant Capital:
Tremblant Capital is a global public equity investment firm
founded by Brett Barakett in 2001. With a strong emphasis on deep
fundamental research, sector expertise, and a variant long-term
perspective, Tremblant offers several public equity strategies
designed to provide superior differentiated returns. Tremblant is
registered with the U.S. Securities and Exchange Commission as a
Registered Investment Adviser and designated as Qualified
Professional Asset Manager under ERISA regulations. For more
information, please visit www.tremblantcapital.com.
For additional information on TOGA, please visit
www.TremblantETF.com.
Disclosures
An investor should consider the investment objectives, risks,
and charges and expenses of TOGA (the “Fund”) carefully before
investing. The Prospectus, which contains this and other
information about the Fund, may be obtained by visiting
www.tremblantetf.com. Please read the prospectus carefully before
investing.
Tremblant Advisors LP, a subsidiary of Tremblant Capital LP, is
the investment adviser to TOGA. The Tremblant Global ETF is
distributed by Quasar Distributors, LLC.
Investing in ETFs involves risk, including potential loss of
principal. American Depositary Receipts (ADRs) and Global
Depositary Receipts (GDRs) are subject to the risks associated with
investing directly in foreign securities. In addition, investments
in ADRs and GDRs may be less liquid than the underlying shares in
their primary trading market. Investments in emerging markets
securities are considered speculative and subject to heightened
risks in addition to the general risks of investing in foreign
securities. Fund investments in foreign currencies and securities
denominated in foreign currencies are subject to currency risk. The
Fund is actively-managed and may not meet its investment objective
based on the Adviser’s success or failure to implement investment
strategies for the Fund. A new or smaller fund is subject to the
risk that its performance may not represent how the fund is
expected to or may perform in the long term. In addition, new funds
have limited operating histories for investors to evaluate and new
and smaller funds may not attract sufficient assets to achieve
investment and trading efficiencies. The Fund is an ETF, which is a
fund that trades like other publicly-traded securities. ETFs may
trade at a premium or discount to NAV. Shares of any ETF are bought
and sold at market prices (not NAV) and are not individually
redeemed from the Fund. Brokerage commissions will reduce returns.
The Fund is not an index fund.
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Tremblant Capital: Tremblant Investor Relations
tremblantinvestorrelations@tremblantcapital.com +1 212 303 7358
Media: Mike Geller Prosek Partners mgeller@prosek.com
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