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The Strategy

Global Thematic Investing.

Betting on future winners within structurally inflecting themes — identified through a differentiated portfolio construction process.

Positions
25–30
Universe
Global, ex-S&P 500
Market Cap Floor
$300M+
Core PWIRR Hurdle
30%+ / 3 yr
Allocation
~80 / 20 Core / Venture
The Mandate

Investing globally in companies outside the S&P 500 that are structurally inflecting — before the market prices in what they're becoming.

Our universe is global equities outside the S&P 500. This is deliberate: it's where institutional coverage is thinner, sell-side framing is lazier, and the gap between what a business is becoming and what the market prices is widest.

Every position represents a high-conviction thesis that has survived structured adversarial review — built to find the holes, not confirm the view.

Why this matters for your portfolio

Most of the families and institutions we work with hold 60–80% of their equity exposure in S&P 500 names, through ETFs, large-cap funds, and direct holdings of mega-cap tech. Strivepoint is built to be the other side of that allocation. Different geography. Different cap range. Different return drivers. Same standard of rigor.

Why Global?

The world is no longer one market.

A multipolar shift is creating divergent winners

The post-Cold War era of US-led globalization is fracturing. In its place: regional power centers with distinct supply chains, capital flows, and policy priorities. Each region is increasingly writing its own economic rules — and that fragmentation is producing a new class of structural winners that are invisible to mandates anchored to a single market.

More markets means more degrees of freedom

A global mandate expands the investable universe — but more fundamentally, it increases our degrees of freedom. In physics, the richness of a system scales with the number of microstates it can occupy. Each new market, sector, and currency regime we access is an additional degree of freedom. More degrees of freedom means a richer, more textured landscape: one where the right businesses are far more likely to be mispriced, misunderstood, or simply uncovered by the market.

Why not the S&P 500?

We see our role as giving you exposure to companies and countries you are less likely to already own. The S&P 500 remains the most commonly held equity instrument in the world. And while it has delivered extraordinary returns, there are structural concentrations within the index — in a handful of sectors and mega-cap names — that undermine its intended purpose of diversification. We want to give you something genuinely different.

Current Themes

Six themes. Each one an inevitable — still unpriced.

01

AI Buildout

Two lanes: the physical infrastructure layer — compute, power, cooling, connectivity — and the application layer, where software businesses are monetizing AI-driven gains in productivity and workflow. We look for structural inflections in both.

02

American Dynamism

Defense technology, drones, aerospace, and industrial reindustrialization. Companies benefiting from America's renewed focus on domestic manufacturing, defense spending, and industrial sovereignty in a multipolar world.

03

Disruptive Finance

Financial services being rewritten by technology — payments, embedded finance, digital lending, and cross-border money movement. Companies rewriting the unit economics of finance in markets the incumbents have underserved.

04

Disruptive Healthcare

Biotech and medtech companies with novel mechanisms, near-term clinical catalysts, or platform assets that the market is mispricing relative to their probability-weighted pipeline value.

05

Energy Security

The fracturing of the post-Cold War energy order has made energy security geopolitical, not just economic. This creates durable tailwinds for producers and infrastructure operators most global allocators still treat as cyclical.

06

Resilient Consumption

Consumer businesses with structural pricing power, low import sensitivity, and direct-to-consumer moats. In a tariff-disrupted, inflation-volatile world, the gap between resilient and fragile consumption models is widening.

Portfolio Architecture

Two leagues. One portfolio.

A company's risk/return profile, time horizon, and catalyst visibility determine which league it belongs in. Core compounds the conviction. Venture League hunts the asymmetry.

Core League
Compound with conviction.
80–85% of AUM · ~15 positions

Medium to longer-term bets targeting 25–30% IRR over a 3–5 year holding period. Returns driven primarily by earnings growth and re-rating against a new peer set as the inflection becomes legible.

Hurdle3yr PWIRR ≥30%
Max position10% of AUM · dynamically sized
Horizon3–5 years
ExitThesis closes or bear case triggers
Venture League
Asymmetric and uncorrelated.
15–20% of AUM · 1% per name

Shorter-term bets that are asymmetric and uncorrelated with the broader market. A skewed return profile with 200%+ upside potential and downside capped at position size. A Venture League position that validates its thesis can graduate to Core.

Upside target200–300%+
Max downsidePosition size (1% of AUM)
Catalyst gate6–12 month hard window
ExamplesEarly/mid biotech at cash · AI supply chain
The Adversary

We hunt for what would kill the position, before we size it.

Most funds will tell you they stress-test their ideas. Most are lying, in the way humans always lie to themselves about disconfirming evidence. Once a position is on the book, the brain quietly enlists itself in the cause.

We write the bear case before the bull case. We name in advance the specific indicator that would tell us we are wrong. When the indicator triggers, we sell. The pre-mortem is signed; the sell decision is not a debate.

Sizing follows the same logic. Through a framework we call INT — short for Intelligence — we require at least three independent reads from independent disciplines before any position qualifies for Core League conviction sizing.

The INT Framework

Five disciplines, ranked by edge.

FININT Financial intelligence. Filings, channel checks, take-rate analysis, working-capital reads.
Highest
GEOINT Geopolitical intelligence. Policy, procurement, sanctions, country risk, capital flows.
High
OSINT Open-source intelligence. Court dockets, trade press, foreign filings, conference transcripts.
Medium
SIGINT Signals intelligence. Job-board flow, web traffic, app downloads, hiring patterns.
Medium
HUMINT Human intelligence. Management meetings, industry conversations, KOL interviews.
Supporting
RUMINT Rumor. Hypothesis only. Never a trade trigger. Never counted as corroboration.
Excluded
≥3
Corroborate →
Core League sizing
2
Corroborate →
Starter position
1
Single read →
Watchlist
0
No corroboration →
Pass

We would rather miss a winner than carry a thesis that did not earn its way in.

The Hold

An inflection takes time to be repriced.

This is where most funds lose. Not on bad ideas. On good ideas sold too early, because their quarter ended before their thesis did. Core League positions are underwritten against a three-year minimum. Venture positions are tighter, catalyst-driven, built around convexity rather than compounding. Both are held until the thesis closes, not until the quarter does.

Exposure Management

Three levers over the top.

Steps 1–4 identify what to invest in. Exposure management decides how exposed to be — and re-anchors the portfolio to the world view when divergence grows.

Lever 01

Geographic Exposure

Tied directly to the world view. A feedback mechanism on the portfolio: if the view implies a multipolar shift, the portfolio reflects that geographically. Current target: US exposure ≤30%.

Lever 02

Net Exposure

Reads current macro and equity narrative regimes. Governs how much cash to hold, how to size index hedges including SPY and IWM as conditions warrant, and when to deploy margin through structured trades.

Lever 03

Instrumentation

The fundamental work tells us what to invest in. Instrumentation decides how. Equity, equity + options, short puts for yield, short puts for entry, short calls to hedge events, LEAPS for levered upside.

If you've read this far

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