Portfolio Statistics

Assets

Total Fund AssetsAs of 01/31/2020 (updated monthly) $1,273.5 (M)
Net Assets - Class A As of 02/29/2020 (updated monthly) $98.5 (M)
Gross Exposure As of 02/29/2020 (updated monthly), % of Total 155.45%
Net Exposure As of 02/29/2020 (updated monthly), % of Total 61.03%
Long Exposure As of 02/29/2020 (updated monthly), % of Total 108.24%
Short Exposure As of 02/29/2020 (updated monthly), % of Total -47.21%
Value at Risk (Fund)As of 02/29/2020 (updated monthly) -2.34%

Portfolio Details


Strategy Breakdown % of Invested Capital As of 02/29/2020

[category] Target Allocation
% of Invested Capital
Actual Allocation
% of Invested Capital
Long Short Equity 25%-40% 28.29%
Relative Value 30%-45% 27.46%
Global Macro 0%-30% 26.42%
Event Driven 10%-30% 17.83%

Geographic Exposure % of Total As of 02/29/2020

Gross Exposure% of Total Net Exposure% of Total
North America 87.98% 43.72%
Europe 41.73% 9.41%
Asia Pacific 16.84% 2.69%
Global & Emerging Markets 6.39% 3.55%
South America 2.51% 1.66%

Asset Class Exposure % of Total As of 02/29/2020

Gross Exposure% of Total Net Exposure% of Total
Equity 79.53% 24.26%
Fixed Income 51.63% 40.61%
Currency 23.04% -3.33%
Commodities 1.25% -0.52%

TOP LONG EXPOSURE % of Total (Equity Only) As of 02/29/2020

[holdings-table-heading]
ALLERGAN PLC 1.10%
ZAYO GROUP HOLDINGS INC 0.95%
EL PASO ELECTRIC CO 0.94%
MASTERCARD INC 0.93%
CAESARS ENTERTAINMENT CORP 0.82%
UNITED TECHNOLOGIES CORP 0.74%
MICROSOFT CORP 0.72%
ADVANCED DISPOSAL SERVICES INC 0.69%
HAL TRUST 0.69%
WABCO HOLDINGS INC 0.64%

TOP SHORT EXPOSURE % of Total (Equity Only) As of 02/29/2020

[holdings-table-heading]
FLUTTER ENTERTAINMENT PLC -0.48%
RAYTHEON CO -0.45%
ABBVIE INC -0.43%
DEUTSCHE TELEKOM AG -0.30%
ELDORADO RESORTS INC -0.29%
DIGITAL REALTY TRUST INC -0.27%
INNOVATIVE INDUSTRIAL PROPERTIES INC -0.23%
ZILLOW GROUP INC -0.18%
COLRUYT SA -0.13%
LIVE NATION ENTERTAINMENT INC -0.12%

Manager Allocation % of Invested Capital As of 02/29/2020

Allocation
Event Driven 17.83%
Bardin Hill Investment Partners L.P. 9.64%
P. Schoenfeld Asset Management L.P. 8.19%
Global Macro 26.43%
H2O Asset Management 8.58%
Emso Asset Management Limited 7.67%
Grantham, Mayo, Van Otterloo & Co. LLC 6.46%
Graham Capital Management, L.P. 3.72%
Long Short Equity 28.29%
Chilton Investment Company, LLC 6.79%
Jennison Associates, LLC 6.49%
Portland Hill Asset Management Limited 6.18%
Impala Asset Management, LLC 4.57%
Wellington Management Company, LLP 4.26%
Relative Value 27.46%
Lazard Asset Management, LLC 10.92%
Loomis Sayles & Company, L.P. 7.04%
Ellington Global Asset Management, LLC 4.21%
Apollo Credit Management, LLC 2.72%
Chatham Asset Management, LLC 2.57%