Prosper Stars & Stripes' Q3 2025 Investor Letter Highlights Ralliant Corporation's Growth Potential

Prosper Stars & Stripes, a long/short equity fund, reported a 9.8% net return in Q3 2025, outperforming the HFRX Equity Hedge Index (+3.8%) and the Russell 2000 Index (+12.4%). The fund highlighted Ralliant Corporation (RAL), a precision instruments manufacturer spun out of Fortive in June 2025, as a potential opportunity due to its growth rates and margins comparable to high-quality industrial stocks. The fund believes RAL will benefit from increased demand for power generation and grid modernization, as well as rising global defense spending.