AF1 is a private fund that will hold co-investment opportunities sourced by best-in-class managers in the activism space.
There is no liquidity risk at the Fund’s liquidation term, as the underlying assets will be public equities.
The portfolio will be invested in 10-15 public companies diversified by region, sector and market capitalization.
AF1 provides the opportunity to co-invest side by side with best-in-class managers without having to enter in their flagship funds.
AF1 will have a total life cycle of maximum 6 years. Investment period: 2 yrs + 1 yr extension / Divestment period: 3 yrs
Traditional value strategies have not outperformed the market (SPY 215% vs. IVE 169% Last 10Y TR). Activism serves as the catalyst for proper pricing of the equities.
Recent normalization in valuations created dislocation in some market sectors, which is an ideal environment for above average returns.
Mexico offers an outstanding opportunity to promote changes in Governance. It is positive for the market that the Activism practice gets known in Mexico.
*Target performance and past results are not a guarantee, and are not indicative of future results.
AF1’s investment team has +15 years of experience in public equities portfolio construction through directly managed accounts, mutual funds, and pension funds. As asset allocators through these different investment strategies the team has vast experience in diversifying investments across risk profile, time horizons, geographies, company market capitalization, industries, and asset classes. This experience is a key component of the analysis and investment process.
Single names
minimum 5% of committed capital and maximum 15%.
Sector allocation
maximum 40% of committed capital exposure to a single sector.
Regional exposure
minimum 60% to US, maximum 25% to Europe and maximum 15% to Japan.
Manager
maximum 30% of committed capital to a single Manager.
AF1 is a multimanager co-investment fund. Our Activists Partners specialize in different industries, company size and regions. AF1 will source the best ideas from the top performing managers, resulting in highly sophisticated, unique and diversified portfolio that will have a low level of correlation to any active stock picking portfolio or passive ETF strategy. This inimitable portfolio can work as a diversification strategy, risk management and knowledge transfer for any asset manager.
