Fund Of Funds
Beam Capital Management currently offers the following portfolio to Fund Sponsors and Fund of Funds Managers:
Beam Capital Management MultiCap Value Portfolio (BCM MVP)
Description
- - US listed Equities, up to 25 holdings
- - All-Cap Opportunistic Value Portfolio
- - Goal is Absolute Return
- - Long Biased – Long only, but will go short to “Neutral” to protect assets
Features
- - Unique exposure to US equities through a hedged opportunistic portfolio
- - Low minimum account size. Minimum account is $1 Million
- - Inception – January 2005
Process
- - Top-Down Macro Approach
- - Standard Value Metrics – Absolute and relative to peers
- - “Opportunistic” – Select stocks that are expected to appreciate within 3-12 months given our Macro or Industry view and company specific catalysts
- - Separately Managed Account (SMA) held in the Fund’s name at a third party custodian/broker with Beam Capital Management having discretionary trading power
Why SMA structure with Beam Capital Management is superior to Fund (Limited Partner) Structure:
- Transparency: Manager can be easily monitored for adherence to strategy and to any pre-agreed parameters
- Security: Assets held in client’s name, not in an entity that the General Partner (or manager) controls
- Clients get a monthly statement and have daily access to their accounts (balances, positions, etc…)
- No Lockup: Accounts can be closed/withdrawn with only a 2 week notice
- No early withdrawal penalties. Unearned management fees will be refunded Performance: Performance and Management Fees can be obtained by contacting Beam Capital Management
