Public Markets

ADFG is a significant investor in public markets across equities and fixed income and participates in both primary offerings and secondary markets. We also invest opportunistically in long/short equity strategies, derivatives and other strategies where we believe price dislocations exist.

Our long term goal is capital appreciation at a high rate of return while minimizing the risk of loss of capital by (1) investing in listed securities trading at discounts to intrinsic value; and (2) taking a constructive activist role in companies with listed securities.

Goldilocks

Goldilocks is a $400 million open-ended fund launched in 2015 and managed by ADCM Altus Investment Management Limited. Goldilocks predominantly invests in GCC listed equities with a long-term goal to compound capital at a high rate of return while minimizing the risk of loss of capital by investing in listed companies trading at discount to intrinsic value and taking a constructive activist role in such companies.

Since its inception in July 2015, the Fund has managed to significantly outperform regional and global indices with a 188% return compared to -18% for the MSCI UAE, -16% for the S&P Pan Arab and 18% for the MSCI World indices.

The Fund’s investment strategy follows an Activist approach. Goldilocks operates with the support of other shareholders to ensure boards and management of companies work towards executing turn around strategies and unlocking shareholder value.

For more information visit the website: http://www.goldilocksfund.com