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 fund launch

Cumulative net return

34.9%
since inception · +3.2pp vs benchmark
0%10%20%30%40%2020 Q12020 Q32021 Q12021 Q32022 Q12022 Q32023 Q12023 Q32023 Q4
QuarterQuarterly returnSharpevs bench (pp)
2022 Q1-4.7%1.13-6.20
2022 Q2-1.9%1.28-2.55
2022 Q3+5.4%1.16+3.54
2022 Q4+0.7%0.97-1.08
2023 Q1+6.6%1.23+5.55
2023 Q2+2.5%0.99+0.65
2023 Q3+8.3%1.11+7.70
2023 Q4+0.5%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%