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About

Investing at the intersection
of alpha and responsibility

Clean Alpha Partners is a market neutral, factor neutral global equity hedge fund. We specialise in all facets of the worldwide energy transition and the electrotechnology required for this transformation. Our strategy prioritises generating high Sharpe returns in any market environment. As part of our investment process, we quantify the carbon emissions of every investment we make, resulting in a portfolio that is structurally short carbon emissions — a byproduct of our fundamental rigour – and delivers a unique return stream.

TARGET SHARPE RATIO
1.0 – 3.0
STRATEGY
4 specialised verticals
PORTFOLIO CONSTRUCTION
Market/Factor neutral
INVESTMENT UNIVERSE
500 global equities $31T market cap

The world is in the early stages of an electric revolution, and energy transition spending is expected to rise 3.3x on previous levels, +$4.5 trillion pa*

*$1.0T re-allocated from high to low emissions assets + $3.5T new spending = +$4.5T, growing to $6.5T pa total low emissions spend (6.5/2 = 3.25x). Annual average spending on energy transition 2021-2050 (US$ Trillion)
Source: McKinsey & Co, January 2022, The net-zero transition, What it would cost, what it could bring

Our difference

We are already delivering for investors through disciplined execution, shaped by four points of difference.

Energy transition
specialists

We do not stray from our 30 years of domain expertise. We specialise in all facets of the worldwide energy transition and the electrotechnology required for this transformation.

Energy transition
specialists

We do not stray from our 30 years of domain expertise. We specialise in all facets of the worldwide energy transition and the electrotechnology required for this transformation.

Fundamental
stock pickers

We invest fundamentally from the bottom-up in companies we have analysed for most of our careers. Our repeatable five-step process, backed by rigorous analysis, isolates company-specific opportunities while hedging out systematic risk. This discipline results in a portfolio that is >70% idiosyncratic risk. Explicit price targets and stop-losses at the point of trade entry, protect downside and promote the capture of fundamental asymmetric pay-off as it materialises.

Fundamental
stock pickers

We invest fundamentally from the bottom-up in companies we have analysed for most of our careers. Our repeatable five-step process, backed by rigorous analysis, isolates company-specific opportunities while hedging out systematic risk. This discipline results in a portfolio that is >70% idiosyncratic risk. Explicit price targets and stop-losses at the point of trade entry, protect downside and promote the capture of fundamental asymmetric pay-off as it materialises.

Quantifiable short
carbon emissions

As part of our disciplined process, we use proprietary analysis to quantify the carbon emissions of every investment we make. The result is a portfolio that is structurally short carbon emissions, a byproduct of our fundamental rigour. This analytical edge is part of what makes us unique.

Quantifiable short
carbon emissions

As part of our disciplined process, we use proprietary analysis to quantify the carbon emissions of every investment we make. The result is a portfolio that is structurally short carbon emissions, a byproduct of our fundamental rigour. This analytical edge is part of what makes us unique.

High Asia weight

We maintain a market neutral, factor neutral portfolio. Typical geographical split is 50% Asia / 50% US&EUR equities in a global liquid market portfolio.

High Asia weight

We maintain a market neutral, factor neutral portfolio. Typical geographical split is 50% Asia / 50% US&EUR equities in a global liquid market portfolio.

Energy transition
specialists

We do not stray from our 30 years of domain expertise. We specialise in all facets of the worldwide energy transition and the electrotechnology required for this transformation.

Fundamental
stock pickers

We invest fundamentally from the bottom-up in companies we have analysed for most of our careers. Our repeatable five-step process, backed by rigorous analysis, isolates company-specific opportunities while hedging out systematic risk. This discipline results in a portfolio that is >70% idiosyncratic risk. Explicit price targets and stop-losses at the point of trade entry, protect downside and promote the capture of fundamental asymmetric pay-off as it materialises.

Quantifiable short
carbon emissions

As part of our disciplined process, we use proprietary analysis to quantify the carbon emissions of every investment we make. The result is a portfolio that is structurally short carbon emissions, a byproduct of our fundamental rigour. This analytical edge is part of what makes us unique.

High Asia weight

We maintain a market neutral, factor neutral portfolio. Typical geographical split is 50% Asia / 50% US&EUR equities in a global liquid market portfolio.

STRATEGY

Our Flagship:
The Clean Alpha MN Fund

Our MN fund targets consistent, high risk-adjusted returns through fundamental long-short equity investing in companies powering, or being disrupted by, global electrification.

Four specialised verticals

Each vertical is managed by dedicated sector experts with extensive longitudinal knowledge of their universe.

1.

Energy Infrastructure

133 stocks $3T market cap

Renewable generation, grid transmission and distribution, battery energy storage systems, nuclear

2.

Auto & Machine Electrification

103 stocks $8T market cap

Electric vehicles, batteries, heat pumps, HVAC systems, industrial electrification

3.

Decarbonisation Enablers

127 stocks $16T market cap

Power semiconductors, industrial automation, software, AI, green finance, blockchain

4.

Critical Commodities

137 stocks $4T market cap

Copper, lithium, nickel, cobalt, aluminium, uranium-essential materials for the energy transition

1.

Energy Infrastructure

133 stocks $3T market cap

Renewable generation, grid transmission and distribution, battery energy storage systems, nuclear

2.

Auto & Machine Electrification

103 stocks $8T market cap

Electric vehicles, batteries, heat pumps, HVAC systems, industrial electrification

3.

Decarbonisation Enablers

127 stocks $16T market cap

Power semiconductors, industrial automation, software, AI, green finance, blockchain

4.

Critical Commodities

137 stocks $4T market cap

Copper, lithium, nickel, cobalt, aluminium, uranium-essential materials for the energy transition

Portfolio Construction
Risk Management

Net Exposure: -10% to +10% (target market neutral)

Gross Exposure: Typically 150-250% (maximum 300%)

Long Positions: 30-50 single stocks

Short Positions: 45-90 positions (>75% single stocks, balance in indices/options/sector ETFs)

Position Sizing: Typical 2-4% of AUM, maximum 8%

Target Volatility: 6% annual (range 4-8%)

Liquidity: >90% of portfolio trades >$15M daily, positions limited to 2 days ADVT

Three-Tier Stop-Loss Framework:

  • Position level: -25bp of strategy AUM per pair trade
  • Vertical level: -1.25% of vertical AUM
  • Portfolio level: -5% of portfolio AUM

Real-Time Monitoring: Integrated order management, portfolio management, and factor risk modelling ensure continuous oversight and rapid response.

Investment process

Our disciplined, repeatable approach flows through five stages.

500 large-cap ($31T combined), highly liquid ($100M+ average daily turnover) global equities.

Rigorous bottom-up research for every position: P&L, cash flow, balance sheet modelling, carbon impact assessment.

Identify compelling opportunities with >2x fundamental asymmetric pay-off, positive carbon yield, and clear catalysts.

All positions compete for capital allocation; trade plans established with explicit price targets and stops.

Market-neutral positioning with country/sector overlay limits, continuous Fundamental asymmetric pay-off monitoring, systematic profit capture.

Team

Built by specialists.
Driven by our mission.

Our team brings together hedge fund rigour, deep sector expertise, and 25+ years navigating global equity markets. Three colleagues from Citadel anchor our portfolio construction and risk management culture, while our vertical heads are true domain experts in the industrial technology supply chain.

Matt Starick

Chief Investment Officer & Founder
Tech Enablers Vertical Head

Michael Bastin

Chief Operations Officer

Jim Lewis

Energy Infrastructure Vertical Head

Mark Busuttil

Critical Commodities Vertical Head

Dugald McNee

Head of Trading
Contact

Partner with us.

Clean Alpha Partners works exclusively with institutional investors, family offices, and qualified fund allocators seeking sophisticated, market-neutral exposure to the energy transition. Please submit your contact request using the contact form or contact us directly.

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