Blue Tower Asset Management’s Q3 2026 Investor Letter

Blue Tower Asset Management’s Q3 2026 investor letter highlights portfolio performance and key market updates. The Global Value composite returned +0.54% net in Q3 and +21.50% YTD. Energy investments drove returns, while Enova International’s abandoned merger with Grasshopper Bank, along with regulatory delays and political opposition, weighed on performance. Despite Enova’s share price decline, its standalone business remains strong, with Q2 revenue growth of 22%. The letter also...