Depending on market opportunities, we will typically invest in corporate securities - equity (both long and short positions), with a focus on investments in technology, telecom services, and oil and gas. As we expand our circle of competence, we will look for opportunities in other industries. Given the current market conditions, we are targeting our capital allocation to 95% equities, and 5% cash for future opportunistic investments. The equities portion of our portfolio will typically consist of 15-30 positions, where our top 10 positions typically comprise over 50% of our equity portfolio. We will also target a gross leverage exposure that is within the constraints of Regulation T.