Cedarcroft, SD Baker Team Up To Offer Offshore Fund

Apr 23 2007 | 1:55pm ET

Atlanta-based Cedarcroft Capital recently teamed up with Toronto-based SD Baker & Associates to launch an offshore version the SD Baker North American Opportunity Fund. The new equity long/short vehicle, the Cedarcroft Offshore Fund, was launched in November and has returned an estimated 3.25% since inception through March.

The offshore vehicle, which currently manages $11 million, uses a bottom-up fundamental approach and invests in both the Canadian and U.S. markets. The fund is being managed by SD Baker founder Scott Baker, and is looking to capture uptrends within the commodities, healthcare, financial services and cleantech sectors, according to fund documents.

Currently, the fund allocates the bulk of its capital to the heath-care (19.8%), metals (16.55%), and wealth management (17.5%) sectors.

The offshore fund charges fees of 2/20 and offers monthly redemptions with 30 days notice.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...