Tourlite Capital Management, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter is available to download here. In Q1, Tourlite Fund, LP returned 16.9%, significantly surpassing the (4.4%) return for the S&P 500 Index and 0.9% for the Russell 2000. The Fund delivered annualized returns of 11.9% since inception, compared to 11.2% and 6.3% for the indexes, respectively. Macroeconomic and geopolitical volatility continues to impact the global economy as it enters the second quarter. Despite signs of de-escalation in the war and the closure...
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