The Focused Opportunities Offshore Ltd. seeks absolute return on capital through a classic long-short hedged style.
Inception*: May 2007 (Predecessor fund launched June 2005)
Transparency: Monthly third party valuation
Liquidity: Monthly with 90 days notice
Total Assets Fund: US$8M
Total Assets Program: US$47M
Minimum Investment: US$1M (unless waived)
Fees: 2% management fee + 20% performance fee
Hurdle Rate: 0%
High Water Mark: Yes, perpetual
Auditor: Deloitte LLP
Prime Broker: National Bank Financial
Legal Advisor: Ogilvy Renault
The Manager of the Fund is Alexander Ernst Ltd., a Barbados corporation. The Investment advisor for Focused Opportunities Offshore Ltd. is JCClark Ltd., a Toronto based 14-person hedge fund management firm.
* Data from Focused Opportunities Offshore Ltd. since inception (May 2007) and predecessor fund, Focused Opportunities Fund (Canadian onshore),(June 2005 to April 2007).
