Strategy
Select and invest in
through a Luxembourg
based feeder fund
Each feeder fund, a pool of smaller investors investing in a single master fund, operates as an independent sub-fund within Antwort Capital Partners SCA SICAV RAIF, a Luxembourg-based umbrella structure.
Preliminary Selection
Antwort Capital imposes strict minimum conditions when selecting a master fund
Experience and track record
In our selection process, the fund must demostrate a proven track record and include at least two vintage funds.
Special share class
Where possible, Antwort will ask for special terms (e.g. fees) for its feeder which would then be accessed through a bespoke share class in the master fund
Sufficient size
Sufficient size to fulfill the minimum size requirement for a feeder, as the feeder cannot represent more that 25% of the master fund
Reporting
The master fund will need to meet the minimum reporting requirements requested by Antwort.
Reputation
We take into consideration and assess the reputation of the fund manager and its service providers, namely the AIFM, custodian bank, fund administrator, transfer agent and auditor, and that they meet Luxembourg standards.
A Strong Investment Selection Process and Approval Procedure
To ensure that we present only the highest quality to our investors, we at Antwort Capital follow a very rigorous investment selection process to offer only the best-in-class managers.
Our decision making process needs vetting, approval and advice from the following internal bodies:
Investment Selection Committee
Advisory Committee
AIFM Investment Committee
Board of Directors
Due Diligence on Master Funds
Report Generation and Final Reviews
Ongoing Monitoring
Maintain a frequent dialogue with general partners and portfolio managers to monitor each the master funds and track key underlying developments and identify potential issues (post-execution).
Based in Luxembourg