A low-net, alpha strategy in TMT space

TMT Long/Short Equity

The strategy targets equity opportunities in tech, media, and telecom — innovative companies that we believe enhance global productivity and offer dynamic investment potential.

As a low-net strategy, it is designed to produce absolute returns with a tested, repeatable process pursuing catalyst-driven alpha opportunities. The catalysts are clearly defined through our research process, giving us high conviction to act on the ideas when we believe a value disconnect appears in the market. Single-name short positions are an additional alpha source.

The manager pairs his private-equity mentality with public-market tactical discipline. This includes an approach to preserving capital through rigorous due diligence and active portfolio/risk management.

Neil Desai

Neil Desai

Portfolio Manager

At Putnam since 2012. Industry since 1997. Prior experience as a Partner at Crosslink Capital, an Analyst at Tudor Investment Corp/Raptor Capital Management, a Senior Associate at Thoma Cressey Equity Partners (now Thoma Bravo), and an Analyst in the Global TMT Group, Merrill Lynch Investment Banking. B.A., Duke University; M.B.A., Harvard Business School.