Summit Private Investments (SPI) seeks to achieve superior long-term risk adjusted returns over various market cycles with less volatility than and lower correlation to the equity markets. SPI invests is a diversified group of long/short managers who conduct rigorous, fundamental value-oriented research in less efficient sectors of the market. Our belief is that by focusing on investment prospects that are less researched and/or more complex, our managers can identify overlooked opportunities - both long and short - with compelling risk/return characteristics. HURDLE: 4% soft. AUM is not disclosed.