Hedgewood provides asset management services for its own account and will eventually offer those services to outside investors. Whether it is by direct investing, or through the use of hedge fund or managed account managers, our investments span the full spectrum of asset classes. We regularly due diligence our managers and assess their performance against appropriate benchmarks, rotating out of those managers that don’t meet our strict criteria. The result is an enviable record of net performance, in both up and down markets.
Hedge and Private Equity Funds
Hedgewood invests in a plurality of hedge fund managers and styles, including global macro, CTA, event driven, equity long short, absolute return, convertible arbitrage, distressed, multi-strat and emerging markets. In each case we focus on transparency of operation and results, commitment to stated mandate and strategy and liquidity that is appropriate to the strategy. Hedgewood also invests in a number of private equity funds with a variety of investment mandates and asset classes.
Where appropriate, Hedgewood utilizes managed accounts for its investment activities. We work with the best in class global investment managers to create absolute returns and capital growth with low correlations to traditional asset classes. Managers are given strict mandates and are judged on their performance against benchmarks. The managed account structure gives maximum control and transparency.
Hedgewood trades long short equity, fixed income, options and currency on its own account. Our strategy is to develop, implement and manage value driven investment strategies in our areas of expertise, and seek to provide consistent positive returns on our invested capital. We tend to be driven less by relative returns to the benchmarks, but by absolute returns on our capital. Our historic track record matches or is superior to our best outside managers.