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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 11 -15.38%
of those in investment advisory functions 7 16.67%
Registration SEC, Approved, 1/24/2014
AUM* 358,861,756 -33.97%
of that, discretionary 358,861,756 -33.97%
Private Fund GAV* 85,118,053 -57.92%
Avg Account Size 119,620,585 10.05%
SMA’s Yes
Private Funds 2 1
Contact Info 301 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- State or municipal government entities

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
3B 3B 2B 2B 1B 914M 457M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$85,118,053

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Brochure Summary

Overview

FORT, L.P. (“FORT”), a Delaware limited partnership, is an investment adviser based in Chevy Chase, Maryland. FORT was established in 1999 and is the successor to FORT Inc., which was co-founded in 1993 by Dr. Yves Balcer and Dr. Sanjiv Kumar. FORT’s general partner is FORT Management Inc. FORT’s principal owners include Dr. Balcer and Dr. Kumar, both individually and through their respective subsidiaries. FORT develops and implements proprietary investment strategies for (i) separately managed accounts (collectively, the “Managed Accounts” and each a “Managed Account”); and (ii) privately offered commingled investment vehicles (collectively, the “Private Funds” and each a “Private Fund”) The Sub-Advised Account, Managed Accounts and the Funds are sometimes collectively referred to herein as “Clients” or, each, a “Client.” FORT makes available to Clients three proprietary trading programs developed by FORT: (i) Global Contrarian, a trend-anticipating trading program; (ii) Global Diversified, a combination of futures strategies and an equity market neutral strategy; (iii) and Global Trend, a systematic trend- following trading strategy. Global Diversified’s managed futures strategy is comprised of a mix of separate components, which currently include: a trend-anticipating strategy, a trend-following strategy and a mean reversion and relative value strategy. Global Diversified’s’s equity strategy is based upon a variety of fundamental and technical signals derived from public information in SEC filings and otherwise. The investment objective of the Global Contrarian and Global Trend programs is to achieve attractive absolute rates of return and reduced volatility of returns that are generally uncorrelated with global equity indices. The investment objective of the Global Diversified program is to achieve attractive absolute rates of return that are generally uncorrelated with global equity indices; in addition, these programs seek opportunities that are partially uncorrelated with each other. For more information on
the investment strategies and corresponding risks that FORT may use when implementing such strategies, see Item 8, “Methods of Analysis, Investment Strategies and Risk of Loss.” When FORT advises a Sub-Advised Account or Managed Account, the underlying investor of the applicable Client indicates whether FORT should utilize one or more of the Global Contrarian, Global Trend, and/or Global Diversified programs. These strategies are predominantly systematic and, therefore, FORT does not generally offer deviation from pari passu treatment with the strategy selected. However, on occasion, a Managed Account may have specific restrictions on its investments, which are detailed in the applicable advisory agreement. When FORT advises a Fund, FORT provides investment advice in accordance with either the Global Contrarian, Global Diversified, or Global Trend, as set forth in the confidential private placement memorandum or prospectus and organizational documents of such Fund (collectively, the “Offering Documents”). The investment objective and guidelines of the Funds are not specifically tailored to the individual needs of investors. However, with respect to a Private Fund, FORT or the general partner of such Private Fund has entered into, and may enter into in the future, side letter agreements with certain investors, establishing rights under, or supplementing or altering the terms of, the Offering Documents relating to such Private Fund with respect to such investors. These agreements may impose restrictions on investing in certain securities or types of securities pursuant to negotiated side letter agreements as negotiated by FORT or the general partner of such Private Fund. As of December 31, 2023, the amount of regulatory assets under management that FORT managed on a discretionary basis was approximately $358,861,756. As of such date, FORT’s aggregate assets under management, including Managed Accounts that FORT managed on a discretionary basis, was approximately $358,861,756. FORT does not intend to manage Client accounts on a non-discretionary basis.