The fund surpassed major benchmarks as FTAI Aviation led gains amid macroeconomic volatility and supply constraints.
Tourlite Fund, LP reported a 16.9% return in Q1 2026, exceeding the S&P 500’s 4.4% loss and the Russell 2000’s 0.9% gain. The fund’s annualized return since inception stands at 11.9%, outperforming both indexes.
Macroeconomic and geopolitical pressures, including the Iran conflict and oil market tensions, persisted into Q2. The fund anticipates pro-growth policies but warns of prolonged higher interest rates.
FTAI Aviation (FTAI) was a key contributor, closing at $260.34 on May 29, 2026, with an 8.47% one-month return and 116.32% gain over 52 weeks. Its market capitalization reached $26.71 billion.