Welcome to CanadianHedgeWatch.com
Monday, February 6, 2023

ROUNDTABLE LAUNCHES OFFSHORE FUND IN CAYMAN ISLANDS


Date: Monday, June 29, 2015
Author: News Release

CAYMAN ISLANDS – Roundtable Asset Management, Ltd. is pleased to announce the launch of the Roundtable Growth Fund, Ltd. (the “Fund”) commencing 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.

 

ABOUT ROUNDTABLE ASSET MANAGEMENT, LTD. www.roundtableam.com

Roundtable Asset Management, Ltd. (“RAM”), a Cayman Islands exempted company, serves as the manager of the Roundtable Growth Fund, Ltd.  RAM is registered as an "excluded person" with the Cayman Islands Monetary Authority under the Securities Investment Business Law (2011 Revision) of the Cayman Islands.

 

ABOUT ROUNDTABLE CAPITAL PARTNERS INC. www.rcpinc.ca

Roundtable Capital Partners Inc. (“RCP”) is an investment management firm based in Toronto, Canada. The firm was established in 2006 and is a trusted, independent adviser to high-net-worth families, foundations and institutions. RCP is registered with the Ontario Securities Commission as an Exempt Market Dealer, Portfolio Manager and Investment Fund Manager.

 

 

Geoffrey Spidle - Director, Roundtable Growth Fund, Ltd.

Direct:  (416) 306-0042
Mobile: (416) 616-2566
geoff.spidle@rcpinc.ca