Key Takeaways
- • GGM Capital, an IT-focused investment banking boutique, is launching GGM Multistrategy, an open-ended technology-centric fund structured under a Luxembourg SICAV-SIF.
- • The fund targets a size above €50.0 million and will invest across listed equities, private equity/venture capital funds and corporate debt.
- • The equity sleeve will hold a majority of assets at all times, invested in technology companies listed on NASDAQ, NYSE, LSE, Euronext and Xetra, using GGM's intraday and short-term swing trading strategies.
- • A smaller allocation will go into less liquid instruments, including investment funds and corporate debt held generally to maturity, aimed at returns uncorrelated with the equity portion.
- • The launch is led by Guillermo G. Morales Lopez, Executive Chairman, and Gabriel Padilla, Partner, who cite investor demand for an open-ended, diversified product.
Summary
GGM Capital, described as an investment banking boutique focused on information technology, is launching GGM Multistrategy, a new technology-centric, open-ended fund established under the umbrella of a Luxembourg SICAV-SIF, according to Funds Society. The fund has a target size above €50.0 million and will invest in a diversified portfolio of equities, private equity and venture capital funds, and corporate debt. The stated objective is strong capital appreciation through exposure to a range of asset classes with varying maturities, yields and risk profiles.
The equity portion will represent the majority of invested assets at all times and will consist of technology companies listed on major exchanges including NASDAQ, NYSE, London Stock Exchange, Euronext and Xetra. In managing this sleeve, GGM will draw on its proprietary trading experience, particularly its track record in intraday trading and short-term swing strategies.
A smaller portion of assets will be allocated to less liquid instruments, either investment funds or corporate debt, generally held to maturity. This segment is intended to provide foreseeable returns that are not correlated with the equity portfolio.
The team draws on more than 40 years of combined capital markets experience from David Moix, Gabriel Padilla and Guillermo G. Morales, as well as GGM's track record in technology-sector venture capital investing. Morales Lopez said he was excited to offer investors "a new innovative instrument" built on years of strategy development. Padilla said investors had asked GGM for an open-ended, diversified product to deepen their relationship with the firm.
The equity portion will represent the majority of invested assets at all times and will consist of technology companies listed on major exchanges including NASDAQ, NYSE, London Stock Exchange, Euronext and Xetra. In managing this sleeve, GGM will draw on its proprietary trading experience, particularly its track record in intraday trading and short-term swing strategies.
A smaller portion of assets will be allocated to less liquid instruments, either investment funds or corporate debt, generally held to maturity. This segment is intended to provide foreseeable returns that are not correlated with the equity portfolio.
The team draws on more than 40 years of combined capital markets experience from David Moix, Gabriel Padilla and Guillermo G. Morales, as well as GGM's track record in technology-sector venture capital investing. Morales Lopez said he was excited to offer investors "a new innovative instrument" built on years of strategy development. Padilla said investors had asked GGM for an open-ended, diversified product to deepen their relationship with the firm.
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