According to Mr. Marias, Arrow Asset Management Fund will target ASX-listed investments with a market capitalization below US$500M upon entry. These emerging opportunities are stated to include stocks with strong niche attributes in technology, innovation, renewables, primary industries, and other investments exclusive to Australia or where Australia provides a competitive advantage.
The fund will be capped at US$400M of Funds Under Management (FUM). Fees will be charged at 1.25% with a performance fee charged after an 8.0% hurdle is achieved.
Family offices and Individual states to proceed with sophisticated investors can invest into the Arrow Fund Management for as little as US$0.5M and up to US$50M, through a unit trust.
“We are excited to launch in January 2022, the Arrow Asset Management, which will provide investors the opportunity to invest in fast-growing Australian-listed companies, managed by experienced Fund Managers with a track record,” thus announced Mr. George Marias, the Managing Director of Petra Capital.
Mr. Bernard Pouliot, Chairman of Global Alliance Partners, sent kudos to their Australian Partner. “Impressive really! Between the financial crisis of 2007 and the pandemic crisis of 2021, Petra Capital proved resilient and even raised over US$6B for ASX-listed companies since its inception,” expressed Mr. Pouliot. “In fact, Petra Capital now ranks in Australia’s Top 20 for raising equity capital,” he proudly added.
“The fund will own up to 50 ASX-listed stocks and styled agnostic but with a value bias. Individual portfolio weights will be set at one (1) to five (5) percent at the time they are added to the portfolio, with a maximum weight of up to 10%, achieved via performance,” Mr. Marias explained.
“We take pride and delight in Petra Capital’s new phase of growth, expanding its operations from stockbroking to fund management as it gears to launch Arrow Asset Management,” Mr. Pouliot said.
Mr. Marias meanwhile cited, “Petra Capital’s emerging companies’ expertise will be matched by the skills of our new Fund Managers, namely Mr. Issam Eid and Mr. Rajeev de Silva, who have worked together for over 15 years and have generated annualized returns of 15.1% vs an index return of 9.0%.”
