Theta Deep Value
Theta Deep Value Fund targets returns of 15% to 20% per annum over a five-year investment horizon. The Fund will invest in a diversified portfolio of around 10-15 hedge funds and other investment structures, which employ diverse investment styles and strategies. Theta Deep Value will focus on hedge funds engaging in less liquid investment strategies and special situations where it may take some time before an investment’s inherent value is unlocked but the upside return potential is significant.
Cumulative return versus benchmark
Fund Details
| Return target | 15-20% p.a. on a five-year investment horizon |
| Management fee | 0.5% p.a. |
| Performance fee | 15% above a hurdle rate of 8% |
| High watermark | Yes |
| Lock-up | None |
| Liquidity | Quarterly redemptions with a 90-day notice period |
| Domicile | The Netherlands |
| Administrator | TMF Fund Administrators |
| Custodian | Kasbank |
| ISIN code | NL0000686392 |
| Bloomberg ticker | THEDEVA NA Equity |
