Long/Short Equity with a Global Mandate
High-conviction positions in undervalued companies with strong fundamentals, improving business trajectories, and identifiable near-term catalysts.
Structurally challenged businesses, overvalued compounders, and event-driven shorts with identifiable negative catalysts.
Tactical hedges using traditional index options and macro instruments to manage systemic risk during periods of elevated uncertainty.
| Parameter | Target Range |
|---|---|
| Number of Positions | 25–40 (long) / 10–20 (short) |
| Gross Exposure | 100%–150% |
| Net Exposure | 20%–60% |
| Average Position Size | 3%–5% (long) / 1%–3% (short) |
| Expected Holding Period | 12–24 months |
From Idea to Execution
Proprietary screening tools, sector monitoring, and thematic research identify an initial universe of 150–200 candidates per year.
Rigorous bottom-up analysis: financial modeling, management meetings, and channel checks. Typically 4–8 weeks per name.
Position sizing determined by conviction level, liquidity, and risk stress-testing by the investment committee.
Continuous monitoring of investment thesis and price targets. Disciplined exit when the thesis is realized or invalidated.
Protecting Capital is Our First Priority
Maximum single position size: 8% of NAV (long); 4% of NAV (short).
Maximum sector concentration: 25% of gross exposure.
Gross exposure cap: 150% of NAV. Daily VaR monitoring with a target of <1.5% at 95% confidence.
Daily P&L and position reconciliation with independent fund administrator.
Segregated custody of assets with tier-1 prime broker.
Independent valuation by third-party pricing agent and comprehensive compliance program overseen by dedicated CCO.
Consistent Alpha Across Market Cycles - Normalized on $1M AUM
| Period | Noumex | MSCI World | Excess |
|---|---|---|---|
| YTD (to Mar 26) | +10.67% | +8.2% | +2.47% |
| YTD (Annualized) | +15.2% | +12.4% | +2.8% |
| 1 Year (Model) | +15.2% | +12.4% | +2.8% |
| Since Inception | +16.2% | +10.2% | +6.0% |
| Metric | Noumex | Benchmark |
|---|---|---|
| Annualized Volatility | 1.2% | 15.2% |
| Sharpe Ratio | 1.85 | 0.62 |
| Sortino Ratio | 2.14 | 0.84 |
| Max Drawdown | -0.5% | -18.6% |
| Beta to S&P 500 | 0.01 | 1.0 |