Global Alternative Investment Partners

Profile

Global Alternative Investment Partners (GAIP) is een fund-of-hedge-funds met een gespreide exposure naar hedgefondsstrategieën. De portefeuille bestaat doorgaans uit 10 tot 30 onderliggende hedgefondsen. GAIP belegt zonder restricties en kan in een breed scala van strategieën beleggen, variërend van directionele strategieën zoals long-biased long/short equity en global macro tot niet-directionele strategieën.

GAIP kan in alle beleggingscategorieën beleggen en de structuur van het fonds staat ook beleggingen in minder liquide mogelijkheden zoals distressed debt toe. Hedgefondsen worden geselecteerd via een uitgebreid netwerk dat de voorkeur geeft aan onafhankelijke vermogensbeheerders met een duidelijke focus boven de grotere traditionele vermogensbeheerders.

De geconcentreerde beleggingsaanpak biedt ruimte voor een grondig due diligence proces dat wordt uitgevoerd door een ervaren team van specialisten. De negen leden van de Investment Committee hebben ieder minimaal tien jaar ervaring in de industrie. De doelstelling van GAIP is om op lange termijn een rendement van meer dan 4% boven Euribor per jaar te behalen.

Management team

Michiel Meeuwissen, Remko van der Erf, Theo Nijssen

Performance per 2022-03-31 (rebased)

No chart data available

Performance per 2022-03-31

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  Fund
1 month 2.0 %
3 months 2.2 %
This year 2.2 %
2019 1.4 %
2020 8.9 %
2021 5.8 %
1 year (on annual basis) 5.8 %
3 years (on annual basis) i 5.5 %
5 years (on annual basis) i 3.7 %
Since inception (on annual basis) i 4.1 %
De getoonde rendementen zijn na aftrek van lopende kosten. De waarde van uw belegging kan fluctueren. In het verleden behaalde resultaten bieden geen garantie voor de toekomst.
More information can be found on the documents page of this fund

Key figures

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Total fund size
EUR 49.69 M 2022-03-31
Share class size
EUR 49.69 M 2022-03-31
Number of shares
396,322 2022-03-31
Net Asset Value i
EUR 127.48 2022-04-29

Fund characteristics per 2022-03-31

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  Fund
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Performance per 2022-03-31 (rebased)

No chart data available

Performance per 2022-03-31

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  Fund
1 month 2.0 %
3 months 2.2 %
This year 2.2 %
2019 1.4 %
2020 8.9 %
2021 5.8 %
1 year (on annual basis) 5.8 %
3 years (on annual basis) i 5.5 %
5 years (on annual basis) i 3.7 %
Since inception (on annual basis) i 4.1 %
De getoonde rendementen zijn na aftrek van lopende kosten. De waarde van uw belegging kan fluctueren. In het verleden behaalde resultaten bieden geen garantie voor de toekomst.

Dividends

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Distributing
No

Risk analysis (ex post) per 2022-03-31

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  3 years Since inception
Maximum drawdown i -9.64 % -9.64 %
Tracking error i 3.47 % 2.89 %
Information ratio i 1.03 1.33
Beta i 1.21 1.03
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
No data available.
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Ongoing charges

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Service fee i
0.08 %
Taxe d'abonnement i
0.01 %
Indirect costs i
1,87 % (schatting excl. eventuele performance fees)
Ongoing charges last financial year i
2.71 %
The ongoing charges figure of the last financial year relates to 2021.

The management fee of the Fund depends on the net asset value of the assets attributable to the Fund on the previous Valuation Day (including the subscriptions, redemptions and conversions as per any Dealing Day corresponding to that Valuation Day):
< EUR 50 miljoen: EUR 375.000
EUR 50-75 miljoen: 0,65%
> EUR 75 miljoen: 0,55%

Other costs

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Entry fee
0,00 %
Exit fee
0,50 %
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Share class details

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Share class
I i
Investor type
Institutional
Distributing
No
Reference index i
HFRX GI Hedge Fund EUR
Objective
Ten minste Euribor + 4% op jaarbasis
Duration hedged
No
Investment category
Hedge Fund Strategies
Universum
Multi asset wereldwijd
Inception date
2016-08-01
Domicile
Luxembourg
May be offered to all investors in
The Netherlands
May be offered to professional investors only in
Luxembourg
UCITS status i
No
Status
Open-end i
Base currency
EUR
Share class currency
EUR
Administrator
BNP Paribas Securities Services S.C.A., Luxembourg branch
Management company
Kempen Capital Management N.V.
Depositary and custodian
BNP Paribas Securities Services S.C.A., Luxembourg branch

Tradability

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Minimum subscription
Initiële inleg € 1.000.000, vervolginschrijvingen € 10.000
Listed
no
Subscription/Redemption Frequency
Aankoop iedere eerste werkdag van de maand en verkoop ieder kwartaal, op de eerste werkdag van januari, april, juli en oktober
ISIN i
LU1397134195
Entry period purchase order
Orders dienen 5 werkdagen voor de handelsdag door BNP Paribas Securities Services S.C.A., Luxembourg branch te zijn ontvangen om uitgevoerd te kunnen worden. Uw distribiteur kan een langere aanmeldingstermijn hanteren.
Entry period sell order
Orders dienen 90 kalenderdagen voor de handelsdag door BNP Paribas Securities Services S.C.A., Luxembourg branch te zijn ontvangen om uitgevoerd te kunnen worden. Uw distribiteur kan een langere aanmeldingstermijn hanteren.
Details
Settlement van aankopen is 5 werkdagen voor de handelsdag. Settlement van verkopen gebeurt in beginsel 19 werkdagen na de desbetreffende handelsdag.
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Global Alternative Investment Partners (the “Sub-Fund”) is a sub-fund of Kempen Alternative Investment Fund SICAV (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.

The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.