JCP plans to launch several funds focused on Frontier Emerging Markets exclusively targeting institutional investors. Prospective fund launches include global frontier funds, regional funds and several single-country mandates, both long/short as well as concentrated long-only funds.
Our maiden fund launch, the Jadara Frontier Fund (JFF), is a concentrated long/short hedge fund investing primarily in listed equities across Global Frontier & Small Emerging Markets, with geographic focus on six regions: Sub-Saharan Africa, Middle East & North Africa, Eastern Europe, Central Asia, Southern Asia and Central & Southern America. JFF’s investment style and strategy will be characterized by holding concentrated (long and short) positions in core listed equity investments with low portfolio turnover and long holding periods, but with high degree of diversification across geographies. JFF is an absolute target return mandate.
20-30 positions, with top 10 accounting for up to 80% of exposure
3-6 sectors, with up to 80% in top 3
10-15 countries, with 70% concentrated in top 5 countries
Risk Premium Analysis, Top-Down Catalyst Mapping, Countries in Transition
Structural Long-Term Themes
Stock Selection Framework: Dynamics, Valuation, Sentiment
Sector / Industry Bias - Long & Short
The Jadara Base of the Pyramid Impact Fund (JBOPI) is a concentrated long-only fund investing primarily in listed equities and debt instruments of issuers across global emerging and frontier markets with geographic focus on four regions: Sub-Saharan Africa, Middle East & North Africa, Central Asia and Southern Asia. The fund will target private sector companies that seek to address large-scale social challenges in differentiated and innovative ways that are also inherently market-based solutions. Business models that are scalable and have the potential to become large 'ripple effect' catalysts for social and economic inclusion will be targeted. These companies must demonstrate an intent to generate both higher risk-adjusted returns as well as a discernable positive impact for the target BOP populations they touch. JBOP's investment style and strategy will be characterized by holding concentrated positions in core investments with low portfolio turnover and long holding periods, but with a high degree of diversification across geographies.
20-30 POSITIONS, WITH TOP 10 ACCOUNTING FOR UP TO 80% OF EXPOSURE
3-6 SECTORS, WITH UP TO 80% IN TOP 3
10-15 COUNTRIES, WITH 70% CONCENTRATED IN TOP 5 COUNTRIES
GEOGRAPHIC, SOCIECONOMIC, EXCL. SECTORS
INCLUSION, BUSINESS MODEL, KNOWLEDGE TRANSFER, EMPLOYMENT
SOCIAL IMPACT, FRANCHISE VALUE, SECTOR, MARKET, GOVERNANCE, COUNTRY
COMP. ADVANTAGE, CAPITAL EFFICIENCY, FINANCIAL, VALUATION, SENTIMENT
DEEP ENGAGEMENT WITH MANAGEMENT & STAKEHOLDERS