Who should invest?
Investors looking for a stock fund with an active investment strategy, a minimum investment of 750,000 DKK, a +5 year investment horizon and a moderate to high risk profile. The Fund is not suitable if you intend to withdraw your capital within five years.
The Fund is designed for investors holding their assets in a company structure, such as a Danish ApS or A/S. Prospective investors should consult their own advisers on the tax implications of an investment in the Fund.
Fund Structure & Governance
Raven Value Partners Global Fund K/S is a Danish limited partnership and an alternative investment fund. All investment decisions are made by the Fund’s general partner, Raven Value Partners GP ApS, on behalf of the Fund.
Raven Value Partners ApS (the “Manager”), registered with the Danish FSA (FT no. 23393) as a manager of alternative investment funds, provides non-discretionary investment recommendations to the general partner and, upon the general partner’s acceptance of a recommendation, executes the relevant transactions on behalf of the Fund. The Manager also provides risk management and administrative services to the Fund. The roles are further described in the Fund’s Investment Strategy under Investor Documents.
Balancing Risk & Reward
At Raven we spend a lot of time and effort to avoid investments that can result in a permanent loss of capital. What does that mean in practical terms? In our perspective there are three main ways to mitigate this risk:
1) Bottom up: Follow a disciplined investment process and only invest in companies that live up to our standard of a great balance sheet and high business quality. Selling at a discount to fair value.
2) Top down: Ensure we stay within a set of predefined boundaries on the portfolio level i.e. diversifying across a minimum of 10 companies within different industries and geographic regions, and limits to the size of any single company and industry in the portfolio.
3) Mindset: We work hard to stay rational in market euphoria and pessimism. Our partners all share a long time horizon and understand price changes (volatility) is part of the game and can be used to our advantage.
