Sat, Aug 15, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

FACT Capital navigates a wild first year by focusing on specialization

Friday, July 31, 2020

Bailey McCann, Opalesque New York for New Managers:

FACT Capital, a new long/short hedge fund with an all woman investment team is trying to change the industry. FACT stands for fairness, alignment, compounding, and transparency - values that govern the fund's approach to investing. According to founder Joyce Meng, FACT is designed to be an investor friendly hedge fund, offering an easy to understand strategy at a low cost.

"Our ethos is to have deeply-researched, fully-transparent portfolios at low fees and to treat our LPs the way we would want to be treated ourselves," Meng tells Opalesque New Managers.

The strategy - which launched in September 2019 - invests in China, India, and the US with a limited investment universe of approximately 215 names based on the subsector expertise of the investment team. Meng notes that she and partner Gretchen Guo are focused on what they view as high-growth areas including Chinese healthcare services, private sector financials in India or US consumer staples.

The long book is made up of a mix of established companies that have a proven track record of positive compounding alongside companies that may be newer but have a positive growth story. On the short side, the fund invests in single name shorts that the investment team believes are on a secular decline or have factors that will eventually lead to a downturn. Meng refers to the seco......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: How private equity co-investments can accelerate investor returns following a crisis, Pandemic slowed private equity fund closings in first half, Private-equity giants inking more deals in Asia[more]

    How private equity co-investments can accelerate investor returns following a crisis Investing in a post-crisis period is never simple. The atmosphere of opportunity compels investors to put capital to work. However, where and how to best invest becomes more important than ever. P

  2. Investing: Viking Global slashes exposure to hot tech stocks, Warren Buffett may have bought back a record $7bn of Berkshire Hathaway stock in the past 3 months[more]

    Viking Global slashes exposure to hot tech stocks From Institutional Investor: Viking Global Investors in the second quarter sharply cut back on positions in at least three of the market's hottest tech and internet stocks, according to a regulatory filing made public late Friday afterno

  3. PE/VC: Private equity firms bet on insurance, Private equity sees late July mini-boom as funds gear up for 'new normal'[more]

    Private equity firms bet on insurance From Institutional Investor: Major publicly traded private equity firms' assets under management are growing, largely thanks to investments in insurance companies. A new analysis from PitchBook of five major private equity firms' second-quar

  4. Private real estate fundraising plummets 28% with 58 funds closed in Q2 2020[more]

    Laxman Pai, Opalesque Asia: The number of private real estate funds reaching a final close has plummeted so far this year. Just 58 private real estate funds reached a final close in Q2 2020, down 28% from 81 funds closed in Q1 2020 and 47% from Q2 2019 (110), said a report by Preqin. That said

  5. Opalesque Exclusive: Katch secures guaranteed income through private debt to SMEs[more]

    B. G., Opalesque Geneva: Short-term lending to SMEs can be a good alternative to traditional fixed income, provided the risks are well under control. One fund that does just that is the Katch Global Lending Opportunitie