Balestra Capital is a family office focused on long term thematic global macro investing.
Balestra Capital believes that fundamental economic, political and social factors are the ultimate determinants of global asset prices and investment returns. Nevertheless, securities markets are consistently subject to boom to bust cycles that operate for extended time periods with little regard for these fundamental factors. Balestra Capital believes that investment capital should be allocated across the broad asset classes in light of these macro factors in a risk limited manner in order to generate investment returns and preserve capital. Balestra Capital believes that these factors can be objectively analyzed and that large and consistent mispricings can be identified. Balestra Capital constructs portfolios that consistently reflect these mispricings in a risk controlled and hedged fashion.