Two affiliates of Palmer Square Capital Management have launched new mutual funds. The funds are the Nuance Concentrated Value Fund from Nuance Investments and the Tortoise MLP & Pipeline Fund from Tortoise Capital Advisors.
The Nuance Concentrated Value Fund invests in high-quality equities that Nuance believes are temporarily out of favor, using quantitative and fundamental research.
“Our classic value approach to investing is based on our team’s in-depth analysis of each company within out portfolio,” said Nuance President and CEO Scott A. Moore. “Our knowledge and experience with each company we own means that we can execute quickly with a focus on seeking to generate excess returns for our investors.”
The Tortoise MLP & Pipeline Fund focuses on essential energy and infrastructure in North America.
“We continue to see a need for substantial growth capital as pipeline and related infrastructure projects are expected to facilitate the transportation of natural gas and oil from new supply areas to growing population destinations across North American,” said Tortoise Senior Advisor Jeffrey Fulmer. “We believe this creates a compelling investment opportunity in the coming decades.”