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Here’s Why Upslope Capital Management Reinitiated a Position in Evercore (EVR)

Upslope Capital Management, an investment management company, released its second-quarter investor letter. A copy of the letter can be downloaded here. The second quarter proved to be strong for the fund on both an absolute and relative basis due to strong performance backed by the market turbulence surrounding April’s Tariff announcement. The fund returned +8.9% (net) in Q2 compared to +6.5% and +4.1% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its...