EXANTE, the leading Hedge Fund Marketplace, has just signed on Tower Capital Management (Pty) Ltd to its platform. The company has opted to list its fund onto the ATP, namely the Tower Fund, Ltd.
The fund, managed by James Faircliff and Richard Bӧttger, utilises a South African equity long/short strategy, with a focus on the African consumer story as expressed through liquid SA listed equities. The fund attempts to achieve its goals via fundamental stock picking, combined with active trading for both risk management and profit generation. It concentrates around core high conviction names along with opportunistic trading of shorter-term ideas and active hedging to remove unwanted exposures. In addition, the fund focuses on Mid-Caps whilst managing for liquidity with flexible net exposure whilst keeping gross exposure limited to 200%.
Units of the Tower Fund, Ltd are available for trading on EXANTE's ATP as of today.