Database/Pinnacle Long/Short Equity
HedgeF012 · Vintage 2015Open

Pinnacle Long/Short Equity

Pinnacle Equity Partners

Fundamental long/short within TMT — capacity-constrained book, 40–60 names long, 30–50 names short.

Equity Long/ShortFundamental L/S — TMTUSEuropeArticle 8
Performance · since vintage

Cumulative net return

34.9%
+3.2pp vs benchmark
QuarterCum returnSharpevs bench (pp)
2022 Q112.8%1.13-6.20
2022 Q210.9%1.28-2.55
2022 Q316.3%1.16+3.54
2022 Q417.0%0.97-1.08
2023 Q123.6%1.23+5.55
2023 Q226.1%0.99+0.65
2023 Q334.4%1.11+7.70
2023 Q434.9%1.21-0.95

Terms

Target fund size£2.5bn
Current AUM£1.9bn
Min ticket£5m
Max ticket£200m
Target net IRR12–16%
Lock-up1 year
Management fee1.75%
Carry / performance20%
BenchmarkHFRI Equity Hedge
ESG / SFDRArticle 8
Liquidity

Quarterly liquidity, 60-day notice.

Investment highlights

  • Beta-neutral mandate
  • Net exposure typically 20–40%

Top 5 holdings

Largest positions · % of fund · simulated
  • Highgate Realty11.3%
  • Kestrel Aerospace11.1%
  • Beacon Telecom6.0%
  • Atlas Industries5.4%
  • Driftwood Media4.3%