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Opalesque Industry Update - Roundtable Asset Management, Ltd. is launching the Roundtable Growth Fund, Ltd. on July 1, 2015. The investment objective of the Fund is to maximize long-term capital appreciation. The Fund will seek North American investment opportunities that are not well followed by the investment community. The Fund will invest across a wide spectrum of capitalizations and will apply bottom-up investing principles. "The Fund offers investors who reside outside of Canada the opportunity to access Roundtable's track record of success," said Jim Allan, Chairman of Roundtable Capital Partners Inc. The Fund is modelled after the Roundtable Growth Fund, domiciled in Toronto, Canada which has outperformed the Scotia Hedge Fund Index, the S&P/TSX Index and the S&P/TSX Small Cap Index in each calendar year since its inception in December of 2008. As of May 31, 2015, the Fund has a 19.6% compound annual growth rate (CAGR) and an annualized Alpha of 12.0% versus the S&P/TSX. Jim Allan, CFA, MBA will serve as the Fund’s portfolio manager. Mr. Allan is a founding partner and Chairman of Roundtable Capital Partners Inc., a Canadian-based investment management firm. Before founding Roundtable, Jim was the Vice President of Portfolio Management at a boutique, Toronto-based asset management firm from 1999 to 2005 where he managed large and small capitalization portfolios. During his tenure at the firm, the funds in which Jim was listed as a portfolio manager were consistently top-quartile performers within their respective peer groups. He received the Chartered Financial Analyst designation in 2000, is a member of the CFA Society of The Bahamas and the CFA Institute, is a Fellow of the Canadian Securities Institute, a Qualified Family Office Professional, sits on the Investment Committee of the Lyford Cay Foundation, and is a registered director with the Cayman Islands Monetary Authority. The Board of Directors of the Roundtable Growth Fund, Ltd. consists of Geoffrey Spidle (Canada), James Allan (Bahamas), Darren Stark (Barbados) and Wayne Ross (Cayman Islands). Scotia Capital is the prime broker to the Fund and CommonWealth Fund Services (Barbados) Ltd. is the Fund’s administrator. Maples and Calder provides counsel to the Fund, Maples Corporate Services Limited serves as the Fund’s registered office and KPMG LLP is the Fund’s auditor. Roundtable Asset Management, Ltd. Source Roundtable Capital Partners Inc. Source Press release Bg |
Industry Updates
Roundtable A.M. launches Growth fund
Monday, June 29, 2015
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