HedgeF017 · Vintage 2013Open
Ironwood Long-Biased Equity
Ironwood Investors
Concentrated long-biased US equity book — 25–35 names. Net exposure 70–110%.
Equity Long/ShortLong-Biased EquityUSArticle 8
Performance · since fund launch
Cumulative net return
17.7%
since inception
Compare with
| Fund vs indexes | 1Y | 3Y | 5Y | Per year since launch | Yearly volatility | Largest drop |
|---|---|---|---|---|---|---|
| Ironwood Long-Biased Equity | +17.8% | +5.2% | — | +3.4% | 9.3% | -21.0% |
| HFRI Fund Weighted Composite(illustrative) | +4.5% fund +13.2pp | +12.1% fund -6.9pp | — | +4.8% fund -1.4pp | 3.9% | -4.0% |
| S&P 500 Total Return | +26.3% fund -8.5pp | +33.1% fund -27.9pp | — | +19.7% fund -16.2pp | 18.2% | -23.9% |
| STOXX Europe 600 | +12.7% fund +5.0pp | +20.0% fund -14.8pp | — | +11.4% fund -7.9pp | 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 | +8.07% | 1.04 |
| 2022 Q2 | +2.27% | 1.08 |
| 2022 Q3 | +1.44% | 0.98 |
| 2022 Q4 | +0.85% | 0.97 |
| 2023 Q1 | +2.92% | 1.18 |
| 2023 Q2 | +4.84% | 1.22 |
| 2023 Q3 | +4.76% | 1.18 |
| 2023 Q4 | +4.18% | 1.09 |
Terms
Target fund size£2.0bn
Current AUM£1.6bn
Min ticket£5m
Largest investment accepted£150m
Target net IRR12–15%
Minimum time investors must stay in1 year
Management fee1.50%
Carry / performance20%
ESG / SFDRArticle 8
Liquidity
Quarterly liquidity, 60-day notice.
Investment highlights
- Concentrated, high-conviction approach
Top 5 holdings
Largest positions · % of fund · simulated
- Highgate Realty10.6%
- Volta Utilities9.5%
- Junction Foods7.8%
- Sterling Bancorp6.7%
- Pinnacle Retail6.6%