Multi Strategy Alternative Fund
Multi Strategy Alternative Fund intends to invest substantially all of its assets in shares in the GCM Fund. The GCM Fund is a multi-strategy, multi-manager fund offering access to a portfolio of diversified alternative investment strategies.
GCMLP, in its capacity as the GCM Fund’s investment manager, will direct the GCM Fund to invest in these strategies by having the GCM Fund invest in GCM Fund Investments, which will be managed by high-quality underlying investment managers. The Fund is designed for investors seeking a total return of approximately 6% per annum in US dollar terms over a full market cycle (approximately 5 – 7 years).
Grosvenor has been appointed as the Advisor for the Fund. Grosvenor Capital Management, L.P. (“GCMLP”) is the investment manager of Alternative Investments - Fund 1 (the “GCM Fund”), a US Dollar-denominated, Cayman Islands exempted company. The Responsible Entity intends to invest substantially all of the Fund’s assets in shares in the GCM Fund.
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with $71.2 billion as of June 30, 2022 in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of 517professionals from diverse backgrounds serves a global client base of institutional and high net worth investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, and Seoul. For more information, visit: www.gcmgrosvenor.com
Part 2A of GCMLP’s SEC Form ADV (a copy of which is available at www.adviserinfo.sec.gov) contains additional information relating to GCMLP, including information relating to its advisory business, investment process, investment strategies, and risks and conflicts of interest applicable to the advisory services it provides. Investors receive units (“Units”) when they invest in the Fund. The minimum initial investment is AU$5,000 and thereafter in AU$1,000 increments.
The minimum suggested timeframe for investment in the Fund is 5 years. Distributions (if any) are paid annually as at 30 June.
What are the benefits of investing in the Fund?
The Fund, by way of its investment in the GCM Fund, provides investors with indirect exposure to the GCM Fund Investments, comprising a diversified portfolio of private investment vehicles and separately managed accounts. The Fund aims to deliver a total return of approximately 6% per annum in US dollar terms over a full market cycle (approximately 5 – 7 years).
An investor can invest in Units, and therefore get indirect exposure to the GCM Fund’s portfolio, for a minimum investment of AU$5,000.
The GCM Fund Investments are professionally advised and managed by established professional investment managers and advisers.
Target Market Summary
This product is likely to be appropriate for a consumer seeking capital growth from a diversified global portfolio with a medium risk (expect 2 to less than 3 years of negative annual returns over a typical 20-year period) and return profile to be used as a satellite allocation (<25%) within a portfolio where the consumer has a medium-term (at least 5 years) investment timeframe, and needs monthly access to capital.
Important Information
This information is of a general nature only and has been prepared without taking into account your objectives, financial situation and needs. Before acting on this information you should consider its appropriateness having regard to your circumstances. You should obtain and consider the latest Product Disclosure Statement before making a decision to invest in the fund.
Quick Information
Investor Tax letter for June 2019
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RG240 Annual Disclosure Report – 30 June 2024
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Multi Strategy Alternative Fund PDS
Continuous Disclosure - Annual Fees And Costs Update FY23
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Multi Strategy Alternative Fund Target Market Determination (TMD)