Most institutional portfolios today carry a large, often unrecognised bet on the AI narrative. The top eight names in the S&P 500 now account for more than a third of the index. Private credit that funded much of the build-out is showing early strain, and almost none of that risk is priced into protection costs. In this webinar Lee Robinson, Principal and CIO and Christoph Mueck, Head of Quantitive Research explain how the Altana Downside Protector, a dedicated tail hedge fund, is built to profit when those markets fall, with a defined cost, no leverage on losses, and no margin calls.

