The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.
If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.
You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
The opportunity exists for wholesale investors to express interest in Reachalts European Opportunistic Feeder Fund.
European Opportunistic Feeder Fund
This opportunity is for ‘wholesale investors’ to express interest in a feeder fund that invests into a current flagship distressed product focused on a credit and real asset-oriented special situations strategy in Europe, from one of the most recognised and respected names in the space. This is an exciting product and a timely strategy. This strategy was created out of the Global Financial Crisis and its opportunistic approach is suited to uncertain times.
The expected target size of the underlying fund will be US$4.5 billion. The underlying fund manager will seek to acquire non-performing, non-core and capital inefficient whole loans, real assets and other asset-backed credit and credit like instruments, as well as associated operating platforms arising from the deleveraging and distress in the European financial system. The underlying fund manager seeks to target private equity-like returns while fundamentally taking credit like risk, with real assets underpinning most of their investments.
There is a long track record of this strategy by the fund manager for investors to consider.
The investment is an unregistered managed investment scheme structured as an unlisted Australian unit trust.
The feeder is targeting gross returns of 20% + (13 - 15% net of fees).
Note: Targeted returns may not eventuate. Specific risks may impact on the possibility of such a return in the future. It will vary by Class of Unit held. Past performance may inform this target and it is not indicative of future performance. Specific risks may impact on the possibility of such a return in future.
Reach Alternative Investments
Reach Alternative Investments provides access to the top-20 global fund managers and their institutional-grade private market funds. Due to the large minimums, typically US$10m, these funds have been out of reach for all but institutions and the ultra-wealthy.
These global managers have deep expertise, significant resources, and long track records over multiple market cycles when it comes to building quality private market funds. For decades, institutions and the ultra-wealthy have been using such funds to find greater diversification and the potential for outperformance.
At Reach Alternative Investments we are making such top-tier funds available to you. For the first time, wholesale investors can now gain exposure to such funds for as little as US$50,000.00
For full details of the feeder and to be put in contact with the issuer, please click on “Register Interest”.
Reach Alternatives IM Pty Ltd t/a Reach Alternative Investments is a corporate authorised representative (CAR) of Boutique Capital Pty Ltd (BCPL) AFSL 508011, CAR Number 1295777. Reach Alternative Investments is an investment manager of the fund(s) described elsewhere in this document, or in other documentation (Fund).
To the extent to which this document contains advice it is general advice only and has beenprepared by Reach Alternative Investments for individuals identified as wholesale investors for the purposes of providing a financial product or financial service, under Section 761G or Section 761GA of the Corporations Act 2001 (Cth).
The information herein is presented in summary form and is therefore subject to qualification and further explanation. The information in this document is not intended to be relied upon as advice to investors or potential investors and has been prepared without taking into account personal investment objectives, financial circumstances or particular needs. Recipients of this document are advised to consult their own professional advisers about legal, tax, financial or other matters relevant to the suitability of this information.
The investment summarised in this document is subject to known and unknown risks, some of which are beyond the control of Reach Alternative Investments and their directors, employees, advisers or agents. Reach Alternative Investments does not guarantee any particular rate of return or the performance of the Fund, nor does Reach Alternative Investments and its directors personally guarantee the repayment of capital or any particular tax treatment. Past performance is not indicative of future performance.
The materials contained herein represent a general summary of Reach Alternative Investments’ current portfolio construction approach. Reach Alternative Investments is not constrained with respect to any investment decision making methodologies and may vary from them materially at its sole discretion and without prior notice to investors. Depending on market conditions and trends, Reach Alternative Investments may pursue other objectives or strategies considered appropriate and in the best interest of portfolio performance.
There are risks involved in investing in the Reach Alternative Investments’ strategy. All investments carry some level of risk, and there is typically a direct relationship between risk and return. We describe what steps we take to mitigate risk (where possible) in the Fund’s Information Memorandum. It is important to note that despite taking such steps, the Reach Alternative Investments cannot mitigate risk completely.
This document was prepared as a private communication to clients and is not intended for public circulation or publication or for the use of any third party, without the approval of Reach Alternative Investments. While this report is based on information from sources which Reach Alternative Investments considers reliable, its accuracy and completeness cannot be guaranteed. Data is not necessarily audited or independently verified. Any opinions reflect Reach Alternative Investments’ judgement at this date and are subject to change. Reach Alternative Investments has no obligation to provide revised assessments in the event of changed circumstances. To the extent permitted by law, BCPL, Reach Alternative Investments and their directors and employees do not accept any liability for the results of any actions taken or not taken on the basis of information in this report, or for any negligent misstatements, errors or omissions.
This document is for informational purposes only and is not a solicitation for units in the Fund. Application for units in the Fund can only be made via the Fund’s Information Memorandum and Application Form.
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