Aditum Alternative Income Fund
Global Income solution investing across alternatives and liquid debt markets.
| Fund Information | |
|---|---|
Domicile | Cayman Islands |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Custodian | UBP SA – Singapore Branch |
Auditor | Grant Thornton, Cayman Islands |
Fund Type | Alternative Investment Fund |
Structure | Open-Ended |
Currency | USD |
Inception Date | 1 August 2019 |
Benchmark | USD 1M LIBOR TR |
Minimum Initial Subscription | US$100,000 |
Minimum Subsequent Subscription | US$10,000 |
Dealing Frequency | Weekly |
Redemption Notice | 30 Days |
Lock Up | None |
Distributions | Quarterly |
The Fund will seek to achieve a high level of income together with capital growth over the medium to long term. The Fund invests in alternative asset classes including but not limited to Private Credit, Trade Finance, Supply Chain Finance, Loans, Corporate Bonds, Emerging Market Debt and other income strategies.
Investment Strategy
The Investment Strategy is based on three central pillars:
Strategy
Identifying investment funds which are independent of each other and uncorrelated with traditional markets whilst considering the current interest rate environment and macro economic factors.
Curve Placement / Duration
Taking into consideration the duration of the underlying investment funds, ranging from < 1 year with Supply Chain Finance Funds to funds with over 100yr lifespan.
Liquidity
Ensuring the fund can meet both its weekly liquidity requirements and reach its risk / return target by holding highly liquid funds (circa 30%) alongside less liquid funds and the balance in funds with weekly dealing frequency.
David Marshall
Director, Senior Executive Officer
David Marshall joined Aditum Investment Management Limited in December 2018. He has more than two decades of experience in financial services, spending nearly 10 years with Old Mutual and approximately 12 years with Emirates NBD where he held a number of senior management positions including SEO of Emirates NBD Asset Management and General Manager, Products and Advisory for Emirates NBD Bank Wealth Management.
Additionally, Mr. Marshall was Head of Products at Rasmala Investment Bank Limited for 18 months from April 2017. He has extensive experience of structuring conventional and Islamic financial products in a wide range of jurisdictions.
Mr. Marshall also holds a BA from the University of London.
Evelyn Mosuro
Portfolio Manager
Evelyn Mosuro joined Aditum in April 2021 bringing over a decade of experience in structured finance. Formerly a Vice President in the Securitised Products Group at JP Morgan, she was responsible for valuation advisory on private transactions across a range of deals including a portfolio of bespoke balance guaranteed swaps structured within a number of special purpose vehicles, European CRE loans including NPLs and Equity Release Mortgages. Prior to working on the private side, Ms. Mosuro was lead finance analyst for the Secondary trading portfolio within the Securitised Products Group.
Ms. Mosuro holds a BSc in Information Technology Management for Business from the University of Loughborough, United Kingdom.
Seema Malik
Investment Analyst
Seema Malik joined Aditum in February 2024, bringing with her a background in investments. Prior to joining Aditum, Ms. Malik was part of the investment team that managed a multi-asset portfolio at Abu Dhabi National Insurance Company (ADNIC), where she worked as a Senior Officer in Investment Analysis and Reporting. She has also gained previous experience at the investment advisory firm Globaleye. Ms. Malik holds a bachelor’s degree from Oxford Brookes University and is currently pursuing her master’s degree in Global Banking and Finance from King’s College London. Additionally, she has successfully completed all three levels of the CFA program and is an ACCA affiliate
| Fund Information | |
|---|---|
Domicile | Cayman Islands |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Custodian | UBP SA – Singapore Branch |
Auditor | Grant Thornton, Cayman Islands |
Fund Type | Alternative Investment Fund |
Structure | Open-Ended |
Currency | USD |
Inception Date | 1 August 2019 |
Benchmark | USD 1M LIBOR TR |
Minimum Initial Subscription | US$100,000 |
Minimum Subsequent Subscription | US$10,000 |
Dealing Frequency | Weekly |
Redemption Notice | 30 Days |
Lock Up | None |
Distributions | Quarterly |
The Fund will seek to achieve a high level of income together with capital growth over the medium to long term. The Fund invests in alternative asset classes including but not limited to Private Credit, Trade Finance, Supply Chain Finance, Loans, Corporate Bonds, Emerging Market Debt and other income strategies.
Investment Strategy
The Investment Strategy is based on three central pillars:
Strategy
Identifying investment funds which are independent of each other and uncorrelated with traditional markets whilst considering the current interest rate environment and macro economic factors.
Curve Placement / Duration
Taking into consideration the duration of the underlying investment funds, ranging from < 1 year with Supply Chain Finance Funds to funds with over 100yr lifespan.
Liquidity
Ensuring the fund can meet both its weekly liquidity requirements and reach its risk / return target by holding highly liquid funds (circa 30%) alongside less liquid funds and the balance in funds with weekly dealing frequency.
David Marshall
Director, Senior Executive Officer
David Marshall joined Aditum Investment Management Limited in December 2018. He has more than two decades of experience in financial services, spending nearly 10 years with Old Mutual and approximately 12 years with Emirates NBD where he held a number of senior management positions including SEO of Emirates NBD Asset Management and General Manager, Products and Advisory for Emirates NBD Bank Wealth Management.
Additionally, Mr. Marshall was Head of Products at Rasmala Investment Bank Limited for 18 months from April 2017. He has extensive experience of structuring conventional and Islamic financial products in a wide range of jurisdictions.
Mr. Marshall also holds a BA from the University of London.
Evelyn Mosuro
Portfolio Manager
Evelyn Mosuro joined Aditum in April 2021 bringing over a decade of experience in structured finance. Formerly a Vice President in the Securitised Products Group at JP Morgan, she was responsible for valuation advisory on private transactions across a range of deals including a portfolio of bespoke balance guaranteed swaps structured within a number of special purpose vehicles, European CRE loans including NPLs and Equity Release Mortgages. Prior to working on the private side, Ms. Mosuro was lead finance analyst for the Secondary trading portfolio within the Securitised Products Group.
Ms. Mosuro holds a BSc in Information Technology Management for Business from the University of Loughborough, United Kingdom.
Manoj Mahadev
Head of Investments
Manoj Mahadev joined Aditum in November 2020 and is a seasoned portfolio manager with over two decades of experience spanning global markets, Mr. Mahadev has held a number of senior positions during his career, recently Senior Dealer in the Treasury division of RAK Bank as well as Head of Marketable Securities at Arab Banking Corporation where he played a major role in the set-up of the DCM business. He also spent 8 years at Emirates NBD as Head of Trading.
Mir Muntasir
PORTFOLIO MANAGER
Mir Muntasir joined Aditum in June 2023. Mr. Muntasir has been managing investments for almost 8 years within fixed income, private debt, and alternative credit investments.
Prior to joining Aditum, Mr. Muntasir worked with Emirates NBD Asset Management as an analyst in multi-asset and fixed income for 4 years and spent almost 2 years with Abu Dhabi Capital Group managing distressed credit and alternative credit investments. Mr. Muntasir managed the fixed income funds and private credit investments for Daman Investments for 18 months.
Mr. Muntasir holds a MSc. Finance from University of Stirling and a BA Economics & Finance from the University of Nottingham.
Seema Malik
Investment Analyst
Seema Malik joined Aditum in February 2024, bringing with her a background in investments. Prior to joining Aditum, Ms. Malik was part of the investment team that managed a multi-asset portfolio at Abu Dhabi National Insurance Company (ADNIC), where she worked as a Senior Officer in Investment Analysis and Reporting. She has also gained previous experience at the investment advisory firm Globaleye. Ms. Malik holds a bachelor’s degree from Oxford Brookes University and is currently pursuing her master’s degree in Global Banking and Finance from King’s College London. Additionally, she has successfully completed all three levels of the CFA program and is an ACCA affiliate
Manoj Mahadev
Head of Investments
Manoj Mahadev joined Aditum in November 2020 and is a seasoned portfolio manager with over two decades of experience spanning global markets, Mr. Mahadev has held a number of senior positions during his career, recently Senior Dealer in the Treasury division of RAK Bank as well as Head of Marketable Securities at Arab Banking Corporation where he played a major role in the set-up of the DCM business. He also spent 8 years at Emirates NBD as Head of Trading.
Disclaimer
This information has been provided in good faith and from sources believed to be reliable but no guarantee is given as to its accuracy. Past performance is no guarantee of future returns and investors may get back less than the amount originally invested. The value of investments can go down as well as up.
The information contained in this document is provided for information purposes only and does not constitute investment advice. Potential investors are reminded to seek professional advice before investing.
Dissemination of this information is strictly prohibited and the content remains the property of Aditum Investment Management Limited, a company incorporated in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority. Data source: Aditum, Bloomberg, USD terms, income reinvested, bid to bid, periods as stated.
Aditum Investment Management Limited is regulated by the DFSA for the provision of Arranging Deals in Investments, Advising on Financial Products, Arranging Custody, Managing Collective Investment Funds, Managing Assets and Arranging Credit and Advising on Credit. Aditum Investment Management Limited holds an Islamic Endorsement to conduct Islamic Financial Business by Operating an Islamic Window.
All communications and services are directed at Market Counterparties and Professional Clients only, persons other than Market Counterparties and Professional Clients, such as Retail Clients (as defined in the DFSA Rulebook), are NOT the intended recipients of our communications or services.
Aditum Investment Management Limited is a company established in the DIFC pursuant to the DIFC Companies Law with registration number CL2833.