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Here’s Why FTAI Infrastructure (FIP) Declined in 2024

Tourlite Capital Management, an investment management firm, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Tourlite Fund, LP returned 0.4% for Q4 2024 and 14.2% for 2024. Since inception, the fund has annualized returns of 10.2% compared to 11.6% and 4.2% for the S&P 500 and the Russell 2000 Indexes. In addition, please check the fund’s top five holdings to know its best picks in 2024.

In its fourth quarter 2024 investor letter, Tourlite Capital Management emphasized stocks such as FTAI Infrastructure Inc. (NASDAQ:FIP). Headquartered in...