Texas Presbyterian Foundation
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Defensive Strategies Fund

Inception Date: October 1, 2010

The TPF Defensive Strategies Fund is a broadly diversified portfolio of primarily institutional-class mutual funds employing a variety of alternative investment strategies, including merger arbitrage, put and call options, and long/short equity.

An important objective of the TPF Defensive Strategies Fund is to be fully liquid and transparent using daily-valued mutual funds and not private equity vehicles.  The Fund will evolve over time and TPF will add or remove strategies and particular managers.


Net Assets: $57.4 Million
As of June 30, 2017

Fund Management

30% of the Fund is managed by Westchester Capital Mgmt of Valhalla, NY using its Merger Fund.
20% of the Fund is managed by Gateway Investment Advisors of Cincinnati, OH in its Gateway Fund.
30% of the Fund is managed by Diamond Hill Capital Mgmt, Inc. of Columbus, OH in its Diamond Hill Long-Short Fund
20% of the Fund is managed by AQR, of Greenwich, CT using it’s AQR Managed Futures Fund.

Reports

For additional information, please contact your Account Administrator.