The Overlook Performance Fund's (the "Fund") investment objective is to achieve substantial capital appreciation with limited volatility. The Fund's strategy is designed to achieve modest correlation to global equity and fixed income returns. The Fund pursues a multi-strategy, multi-manager approach to hedge fund investing. The Fund pursues a multi-strategy, multi-manager approach to hedge fund investing and invests in four broad strategies: long/short equity, arbitrage, event-driven/distressed and global macro. These four strategies reflect both our broad sector preferences based on their intrinsic investment characteristics and the investment team's domain expertise in the investments underlying each strategy.
Corbin Capital Partners, L.P. ("Corbin") seeks to obtain capital appreciation for the Fund by selecting, retaining, removing, replacing and/or adding Portfolio Managers who manage the assets of the Fund. Corbin selects Portfolio Managers and their associated Portfolio Funds, monitors their performance, and allocates and reallocates assets among them as Corbin, in its discretion, deems advisable. The Fund's assets are allocated to Portfolio Managers who have demonstrated superior, risk-adjusted, long term performance or who have acquired a particular expertise in their investment strategy.
Investment in the Fund involves risks including the fact that there is no assurance that the Fund will achieve its objectives, and investment results may vary substantially over time.
Management fees: Assets: >$25mm 1.5% per annum, Assets: $25mm>$100mm 1.0% per annum, Assets: <$100mm 0.85% per annum. 10% incentive fee.
The performance figures set forth above is for the Class A shares of The Overlook Performance Fund (the "Fund"). Performance is presented net of all fees and expenses and includes new issue income, the reinvestment of dividends, gains and other earnings. Performance presented herein does not include performance of Class S shares. Figures as presented may include slight rounding errors. All figures above which take into account the current month's performance information are estimated and monthly figures are not audited. Each investor's rate of return may vary from this performance due to the timing of capital transactions as well as their new issues status. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.