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
Compare with
| Fund vs indexes | 1Y | 3Y | 5Y | Per year since launch | Yearly volatility | Largest drop |
|---|---|---|---|---|---|---|
| Pinnacle Long/Short Equity | +15.3% | +11.7% | — | +7.1% | 8.2% | -14.3% |
| HFRI Fund Weighted Composite(illustrative) | +4.5% fund +10.7pp | +12.1% fund -0.5pp | — | +4.8% fund +2.3pp | 3.9% | -4.0% |
| S&P 500 Total Return | +26.3% fund -11.0pp | +33.1% fund -21.4pp | — | +19.7% fund -12.6pp | 18.2% | -23.9% |
| STOXX Europe 600 | +12.7% fund +2.5pp | +20.0% fund -8.4pp | — | +11.4% fund -4.3pp | 13.7% | -20.5% |
Sources: HFRI FWC — Illustrative mock data · S&P 500 TR — Yahoo Finance (^SP500TR) · STOXX 600 — Yahoo Finance (^STOXX, price index). Index data aligned to the fund's quarter ends.
| Quarter | Quarterly return | Sharpe |
|---|---|---|
| 2022 Q1 | -3.98% | 1.13 |
| 2022 Q2 | -1.69% | 1.28 |
| 2022 Q3 | +4.85% | 1.16 |
| 2022 Q4 | +0.60% | 0.97 |
| 2023 Q1 | +5.60% | 1.23 |
| 2023 Q2 | +2.03% | 0.99 |
| 2023 Q3 | +6.58% | 1.11 |
| 2023 Q4 | +0.39% | 1.21 |
Terms
Target fund size£2.5bn
Current AUM£1.9bn
Min ticket£5m
Largest investment accepted£200m
Target net IRR12–16%
Minimum time investors must stay in1 year
Management fee1.75%
Carry / performance20%
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%