Here are Tourlite Fund’s Thoughts on FTAI Infrastructure (FIP)

14 hours ago 1

Soumya Eswaran

Thu, November 20, 2025 astatine 7:38 AM CST 3 min read

Tourlite Capital Management, an concern absorption firm, released its third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Tourlite Fund, LP returned -2.0% successful the 3rd 4th of 2025 compared to 8.1% and 12.4% returns for the S&P 500 and the Russell 2000 Indexes. Since its inception, the money has achieved annualized returns of 8.6%, compared to 13.4% and 6.3% for the Indexes, respectively. The steadfast observed that the emergence successful speculative, lower-quality stocks is akin to the inclination seen successful precocious 2021. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Tourlite Capital Management highlighted stocks specified arsenic FTAI Infrastructure Inc. (NASDAQ:FIP). Headquartered successful New York, New York, FTAI Infrastructure Inc. (NASDAQ:FIP) acquires, develops, and operates assets and businesses that correspond infrastructure for customers successful the proscription and vigor industries. The one-month instrumentality of FTAI Infrastructure Inc. (NASDAQ:FIP) was -27.44%, and its shares mislaid 52.48% of their worth implicit the past 52 weeks. On November 19, 2025, FTAI Infrastructure Inc. (NASDAQ:FIP) banal closed astatine $4.02 per share, with a marketplace capitalization of $467.504 million.

Tourlite Capital Management stated the pursuing regarding FTAI Infrastructure Inc. (NASDAQ:FIP) successful its 3rd 4th 2025 capitalist letter:

"In August, FTAI Infrastructure Inc. (NASDAQ:FIP) announced a transformative transaction involving the acquisition of Wheeling & Lake Erie Railway Company and a refinancing of its holding institution debt. While the marketplace initially reacted negatively, mostly owed to the precocious header leverage and the issuance of preferred equity warrants tied to the caller combined “RailCo,” we judge this absorption overlooks the agelong word worth instauration potential. Many of FIP’s infrastructure assets are inactive ramping toward afloat net imaginable oregon stay nether development, temporarily inflating leverage metrics. Although we would person preferred the refinancing without the warrant component, we proceed to spot important upside successful FIP’s equity. Following the announcement, some the CEO and Chairman aboriginal exercised their options, triggering a currency taxation event, to summation vulnerability astatine what we presumption arsenic highly charismatic stock terms levels.