Industry Updates

Pan Multi Strategy returns +10.73% annualized to investors for two decades running

Friday, February 18, 2011

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Opalesque Industry Update – Pan Multi Strategy, launched in 1991 by Amanda Haynes-Dale announced in correspondence to investors that the firm’s cumulative returns through December 2010 stood at +667% (annualized at +10.73% for a 20 year run). “An initial investment of $1m at inception on January 1, 1991 would be worth $7.677m”.

Following is an excerpt from the letter:

“Investing in hedge funds is very different today than when Pan Multi Strategy, L.P. launched in 1991. The number and complexity of hedge fund strategies has increased dramatically, the regulatory environment has grown more onerous, and most importantly, financial market dynamics have changed. During this time many of our competitors have come and gone for a variety of reasons. In contrast, we have strengthened our firm. As previously communicated, our team has expanded with the addition of my partners Justin Lowe and W. Trevor Uhl. We have enhanced our infrastructure and client reporting to better meet our investors’ needs, while remaining focused on our repeatable investment process and remaining true to our core principles. Moving forward, we will continue to treat our investors as partners in our business and remain accessible to them. “

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