Aditum Structured Finance Fund
A risk mitigating global income solution investing in a diversified portfolio of private debt opportunities across the global supply chain with a focus on self-liquidating investments backed by real assets, transactionally secured and enhanced through risk mitigating credit techniques.
| Fund Information | |
|---|---|
Domicile | Cayman Islands |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Legal Advisors | Oryx Law (UK) / Walkers (Dubai) LLP |
Auditor | Grant Thornton Cayman Islands |
Custodian | Linear Investment Ltd. |
Document Custodian | Apex Fund Services (Cayman) Ltd. |
Fund Type | Alternative Investment Fund – Private Debt |
Structure | Open Ended |
Currency | USD |
Inception Date | 1 February 2020 |
NAV | 1,072.570 |
Benchmark | 1M USD LIBOR* |
Minimum Initial Subscription | US$100,000 |
Minimum Subsequent Subscription | US$10,000 |
Dealing Frequency | Monthly |
Redemption Notice | 30 Days |
Lock Up | None |
Distributions | Monthly |
To provide investors with attractive risk-adjusted returns with downside protection associated with investing in a diversified portfolio of private debt opportunities (including but not limited to trade finance, structured trade, export/import finance, supply chain finance, inventory finance, factoring, receivable finance, asset based finance, bridge finance, expansion finance and project based finance opportunities) that are expected to generate low volatility returns, that are not correlated to traditional fixed income and equity strategies, which if achieved, generally exceed other investments of similar duration.
Investment Strategy
The Investment Strategy is based on four beliefs:
Growing Asset Class
Since banks withdrew from lending over a decade ago, structured finance funding has grown significantly and gained attention from investors as most debt opportunities have strong downside protection, making it an appealing alternative strategy.
Fundamental to the Global Economy
Structured finance is essential to international economic growth and development, it helps boost international investment, creates jobs and capital inflows where a country has a comparative advantage and enables countries to earn foreign exchange.
Risk Mitigation
Historically low risk asset class with underlying assets transactionally secured and enhanced through risk mitigating credit techniques, such as insurance.
Investment Diversification
The Fund’s investments will consist primarily of loans, which act as a natural hedge to other traditional asset classes, and which are backed by real assets. Returns lack the volatility of other asset classes and the risk of default is reduced with credit and collateral.
Danny Jones
Head of Private Debt
Danny Jones joined Aditum in November 2019 and has two decades of experience across the finance industry specialising in asset management and structured trade and commodity finance. Prior to joining Aditum, Mr. Jones spent four years as a Portfolio Manager at the asset management firm Rasmala Investment Bank Limited where he was responsible for their flagship trade finance fund, covering all aspects from origination, credit & risk analysis, structuring, document execution, investment selection, transaction & investment portfolio management to fund performance. Prior to that, Mr. Jones spent 13 years at Standard Chartered.
Srividhya Raghavendran
Transaction Manager
Srividhya Raghavendran joined Aditum in July 2022 with over a decade of Credit and Trade Finance experience. Prior to joining Aditum, Ms. Raghavendran spent 3 years at Rasmala Investment Bank as Transaction Manager in their Trade Finance Team. Prior to this she spent 2 years at Rescom Mineral Trading FZE, a commodity trading house, as an assistant manager in charge of trade finance operations. Ms. Raghavendran started her career at Bank of Baroda Dubai operations in both Credit and their Trade Finance team where she spent 6 years and gained knowledge of Trade Finance products and its applications.
Ms Srividhya holds a B. Com degree from Bharathidasan University and holds a flagship course (JAIIB) from Indian Institute of Bankers.
Surendra Alexander
Trade Finance Analyst
Surendra Alexander joined Aditum Investment Management in 2022 bringing with him over 7 years of experience in Accounting & Finance specialising in Credit Control, Management reporting and Auditing. Prior to Joining Aditum, Mr. Alexander spent 3 years in Qatar as Credit Controller and Accounting specialist where he was responsible for AP, AR, Internal Audit and Management Reporting. He Started his career as Junior Accountant at Vships Ship Management company (India) in 2015 and got promoted to Fleet Accountant in 2017.
Mr. Alexander holds a Bachelor of Commerce in Accounting & Finance from Loyola College of Arts & Science, India.
| Fund Information | |
|---|---|
Domicile | Cayman Islands |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Legal Advisors | Oryx Law (UK) / Walkers (Dubai) LLP |
Auditor | Grant Thornton Cayman Islands |
Custodian | Linear Investment Ltd. |
Document Custodian | Apex Fund Services (Cayman) Ltd. |
Fund Type | Alternative Investment Fund – Private Debt |
Structure | Open Ended |
Currency | USD |
Inception Date | 1 February 2020 |
NAV | 1,072.570 |
Benchmark | 1M USD LIBOR* |
Minimum Initial Subscription | US$100,000 |
Minimum Subsequent Subscription | US$10,000 |
Dealing Frequency | Monthly |
Redemption Notice | 30 Days |
Lock Up | None |
Distributions | Monthly |
To provide investors with attractive risk-adjusted returns with downside protection associated with investing in a diversified portfolio of private debt opportunities (including but not limited to trade finance, structured trade, export/import finance, supply chain finance, inventory finance, factoring, receivable finance, asset based finance, bridge finance, expansion finance and project based finance opportunities) that are expected to generate low volatility returns, that are not correlated to traditional fixed income and equity strategies, which if achieved, generally exceed other investments of similar duration.
Investment Strategy
The Investment Strategy is based on four beliefs:
Growing Asset Class
Since banks withdrew from lending over a decade ago, structured finance funding has grown significantly and gained attention from investors as most debt opportunities have strong downside protection, making it an appealing alternative strategy.
Fundamental to the Global Economy
Structured finance is essential to international economic growth and development, it helps boost international investment, creates jobs and capital inflows where a country has a comparative advantage and enables countries to earn foreign exchange.
Risk Mitigation
Historically low risk asset class with underlying assets transactionally secured and enhanced through risk mitigating credit techniques, such as insurance.
Investment Diversification
The Fund’s investments will consist primarily of loans, which act as a natural hedge to other traditional asset classes, and which are backed by real assets. Returns lack the volatility of other asset classes and the risk of default is reduced with credit and collateral.
Danny Jones
Head of Private Debt
Danny Jones joined Aditum in November 2019 and has two decades of experience across the finance industry specialising in asset management and structured trade and commodity finance. Prior to joining Aditum, Mr. Jones spent four years as a Portfolio Manager at the asset management firm Rasmala Investment Bank Limited where he was responsible for their flagship trade finance fund, covering all aspects from origination, credit & risk analysis, structuring, document execution, investment selection, transaction & investment portfolio management to fund performance. Prior to that, Mr. Jones spent 13 years at Standard Chartered.
Srividhya Raghavendran
Transaction Manager
Srividhya Raghavendran joined Aditum in July 2022 with over a decade of Credit and Trade Finance experience. Prior to joining Aditum, Ms. Raghavendran spent 3 years at Rasmala Investment Bank as Transaction Manager in their Trade Finance Team. Prior to this she spent 2 years at Rescom Mineral Trading FZE, a commodity trading house, as an assistant manager in charge of trade finance operations. Ms. Raghavendran started her career at Bank of Baroda Dubai operations in both Credit and their Trade Finance team where she spent 6 years and gained knowledge of Trade Finance products and its applications.
Ms Srividhya holds a B. Com degree from Bharathidasan University and holds a flagship course (JAIIB) from Indian Institute of Bankers.
Surendra Alexander
Trade Finance Analyst
Surendra Alexander joined Aditum Investment Management in 2022 bringing with him over 7 years of experience in Accounting & Finance specialising in Credit Control, Management reporting and Auditing. Prior to Joining Aditum, Mr. Alexander spent 3 years in Qatar as Credit Controller and Accounting specialist where he was responsible for AP, AR, Internal Audit and Management Reporting. He Started his career as Junior Accountant at Vships Ship Management company (India) in 2015 and got promoted to Fleet Accountant in 2017.
Mr. Alexander holds a Bachelor of Commerce in Accounting & Finance from Loyola College of Arts & Science, India.
Disclaimer
This information has been provided in good faith and from sources believed to be reliable but no guarantee is given as to its accuracy. Past performance is no guarantee of future returns and investors may get back less than the amount originally invested. The value of investments can go down as well as up.
The information contained in this document is provided for information purposes only and does not constitute investment advice. Potential investors are reminded to seek professional advice before investing.
Dissemination of this information is strictly prohibited and the content remains the property of Aditum Investment Management Limited, a company incorporated in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority. Data source: Aditum, Bloomberg, USD terms, income reinvested, bid to bid, periods as stated.
Aditum Investment Management Limited is regulated by the DFSA for the provision of Arranging Deals in Investments, Advising on Financial Products, Arranging Custody, Managing Collective Investment Funds, Managing Assets and Arranging Credit and Advising on Credit. Aditum Investment Management Limited holds an Islamic Endorsement to conduct Islamic Financial Business by Operating an Islamic Window.
All communications and services are directed at Market Counterparties and Professional Clients only, persons other than Market Counterparties and Professional Clients, such as Retail Clients (as defined in the DFSA Rulebook), are NOT the intended recipients of our communications or services.
Aditum Investment Management Limited is a company established in the DIFC pursuant to the DIFC Companies Law with registration number CL2833.