Martingale Asset Management

Martingale Asset Management, L.P. is an equity specialist firm founded in 1987, offering long-only and long/short equity portfolios. The firm focuses on fundamental research, systematic stock selection, and disciplined portfolio construction. As of December 31, 2024, Martingale managed $4.3 billion in discretionary assets, primarily investing in equity securities. The firm may also use derivatives in certain strategies, such as equity index futures. Martingale offers separately-managed accounts and private pooled investment funds open to qualified investors, including the Martingale Investment Trust. Clients have investment discretion over their accounts, with a minimum investment of $25 million for the Trust. Martingale charges management fees based on a percentage of assets under management, typically billed quarterly. Fees are negotiable, and the firm does not engage in soft dollar trading. Martingale's investment strategies are grounded in behavioral finance, focusing on exploiting security mispricings based on fundamental and market-based analysis. The firm's strategies include Active Return, Low Volatility, and Alternatives, managed with a risk-aware portfolio construction approach. Martingale has no disciplinary events to disclose and does not compensate for client referrals. The firm does not take physical custody of client assets and maintains investment discretion to vote proxies in the best interests of clients. Martingale has no financial commitments impairing its ability to meet client obligations.