RM FUNDS ANNOUNCES THE SUCCESSFUL RETURN OF CAPITAL OF TARGETED INVESTMENT OPPORTUNITIES I (“TIO 1”) STRATEGY
STRATEGY DELIVERED 36.8% RETURNED TO INVESTORS
The RM Targeted Investment Opportunities I (“TIO I”) strategy was launched in October 2020 by RM Funds. TIO 1 allowed institutional investors to capitalise on the market dislocation in real asset prices and listed securities created by the global health pandemic. RM Funds raised institutional capital immediately after the pandemic for the TIO 1 strategy which is now realised with capital returned to investors. The strategy has returned 36.8% to investors.
The TIO 1 strategy was set up to identify and invest in specific listed securities which had suffered a dislocation between their assets’ book value and the public security prices as a result of the pandemic. Alongside the investment strategy, RM Funds worked to identify catalysts in the listed securities which could be harnessed to drive a rerating when utilised alongside an active management approach.
Within each TIO situation RM utilises a multi-disciplinary approach and contained common characteristics including asset backing, operational disruption, financially stable and importantly embedded optionality.
Pietro Nicholls, Portfolio Manager, RM Funds said:
“In its simplest form, our proposition was to provide liquidity to forced sellers, whilst capitalising on the dislocation between real asset prices and listed securities. In its most complex form, our mandate has the flexibility to engage with each investment’s executive management team and work constructively in creating shareholder value.”
“The strategy draws upon the three core pillars for RM Funds, our team and their diverse range of skills, experience and backgrounds, our proprietary technology platform, which allows us to analysis, monitor and revalue thousands of real assets in near real-time and our trading capabilities, allowing us to source, execute and build positions in all market conditions.”
Pietro Nicholls, Portfolio Manager
James Satterthwaite, Distribution
Tel: +44 (0) 203 697 1768
About RM Funds RM Funds is an alternative asset manager. Founded in 2010 with offices in London and Edinburgh, the firm manages capital on behalf of institutional investors, multi-asset allocators, family offices and wealth managers. RM Funds is a signatory to the Principles of Responsible Investment.