Fund Letters
NZS Capital Q3 2025 Shareholder Letter
Pawel Kacperek/iStock via Getty Images Dear Investors and Friends, The NZS Growth Equity strategy (“strategy” or “portfolio”) had a gross return of +4.09% and net return of +3.93% for the third quarter as compared to +7.60% for the Morningstar Global Target Market Exposure Index (the “Index”) over the same period. Year-to-date, the strategy has generated […]
Infuse Asset Management Q3 2025 Letter
PeopleImages/iStock via Getty Images Dear partners, Thank you for your continued trust and support; you are the best partners I could ask for. Before diving in, I want to warn you that this will be the year where taxes rear their ugly head. In the first three calendar years of the fund, the net tax […]