Generating long-term value through principled private investments since 2012.
To our valued partners and friends,
At Uptick Financial Partners, we embrace a philosophy that has proven timeless: acquiring high-quality businesses at reasonable prices and holding them for the long term. Our focus remains disciplined capital allocation – finding undervalued opportunities where our expertise can create exponential returns.
The past year has brought both challenges and opportunities. While market volatility has tested many, our deliberate approach has reinforced our conviction that patience remains a competitive advantage in today's economic climate. We continue to seek businesses with durable competitive advantages, strong returns on capital, and leadership teams who think like owners.
Our portfolio companies generated a combined 17% increase in operating earnings this year, despite headwinds in several sectors. This growth reflects both the intrinsic quality of these businesses and the structural improvements implemented post-acquisition.
Looking ahead, we maintain our investment criteria: businesses we understand, favorable long-term economics, and honest, capable management. We believe that the ability to say "no" remains one of our greatest strengths. There is no penalty for patience.
We remain grateful for your trust and partnership.
Catherine Voss
Managing Partner
We invest only in businesses we thoroughly understand, operating within industries where we have deep expertise and experience.
Our investments require a significant discount to intrinsic value, providing protection against unforeseen challenges and market fluctuations.
We seek businesses with sustainable economic moats that protect against competition and enable consistent returns on capital.
We partner with management teams who demonstrate exceptional skill in deploying capital to create maximum long-term value.
We enhance value through strategic guidance, operational expertise, and selective intervention when appropriate.
Our structure allows us to make decisions with a truly long-term orientation, free from artificial investment horizons.
Our track record reflects our commitment to sustainable growth and capital preservation. The table below shows our annual returns compared to relevant market indices.
| Year | Uptick Returns | S&P 500 | Outperformance |
|---|---|---|---|
| 2023 | 22.4% | 16.1% | +6.3% |
| 2022 | -4.7% | -19.4% | +14.7% |
| 2021 | 29.6% | 28.7% | +0.9% |
| 2020 | 21.3% | 18.4% | +2.9% |
| 5-Year Average | 18.9% | 13.6% | +5.3% |
| Since Inception (2012) | 16.8% | 12.7% | +4.1% |
Note: Past performance is not indicative of future results. All returns are presented net of fees.