ROAM Private Equity - Class B EUR

ROAM Private Equity Sub-Fund is licensed by the Malta Financial Services Authority (“MFSA”) as a Professional Investor Fund (“PIF”) which is available to Qualifying Investors. 

Investment strategy

The Sub-Fund will be investing its assets exclusively in the Master Fund ”Panorama Growth Partners II, LP”. For further details of the investment strategy of the Master Fund. 

For temporary or defensive purposes, the Sub-Fund may invest up to 100% of its total assets in short-term fixed income instruments, money market funds and cash and cash equivalents. The Sub-Fund may also at any time hold such securities for cash management purposes, pending investment in accordance with its Investment Policies and to meet operating expenses and redemption requests. 

Uninvested cash may be held on deposit in a bank account in the name of the Sub-Fund. 

Prospective investors in the Sub-Fund may be required to make a commitment of capital (each a “Capital Commitment”) in accordance with the Subscription Agreement for the Sub-Fund. The Directors of the Company or their delegate may, subject to the notice periods outlined below, call all or a portion of the Available Capital Commitment of the investors in the Sub-Fund. Investor Shares in the Sub-Fund will be issued to the relevant Shareholder in such amount called.

Shareholders should note that the Sub-Fund will be operated on a closed-ended basis. This means that they will not have any general right or opportunity to redeem their Investor Shares. Accordingly, Shareholders should be prepared to hold Investor Shares over a long period of time. Shareholders do not have redemption rights during the lifetime of the Sub-Fund and all Investor Shares will be redeemed at the end of the Divestment Term. 

 



Details

Name of Sub-Fund

ROAM Private Equity - Class B EUR

Base Currency

EUR

Isin

MT7000021721

Initial Offering Period

From 17 November, 2017 until the Closing Date.

Closing Date

31.12.2017

Initial Offering Price

EUR 100

Number Of Investor Shares On Offer

10'000'000 Investor Shares

Investment Management Fee

2% per annum calculated on the NAV on each Valuation Day and payable quarterly in arrears.

Performance Fee

20% of the gains made by the Sub-Fund after payments of the unreturned Capital Contributions.

Minimum Initial Subscription

€75'000

Minimum Additional Ubscription

Minimum Holding

€75'000

Minimum Redemption

€10'000

Subscription Notice Period

10 a.m. CET, three (3) Business Days prior to the relevant Subscription Day

Redemption Notice Period

10 a.m. CET, ten (10) Business Days prior to the relevant Redemption Day.

Directory

Directors Of The Company

Mr. Nicholas Calamatta
Mr. Claudio Pereira
Mr. Eros Lombardo

Registered Office

Himalaya Fund SICAV p.l.c.
259, St. Paul Street,
Valletta VLT 1213,
Malta

Investment Manager

Gamma Capital Markets Limited
259, St. Paul Street,
Valletta VLT 1213,
Malta

Sub Investment Manager

Administrator

Calamatta Cuschieri Fund Services Limited
Ewropa Business Centre,
Triq Dun Karm,
Birkirkara BKR 9034,
Malta

Executive Broker

Zarattini International Ltd.
171, Old Bakery Street
Valletta VLT 1455
Malta

Auditors

PricewaterhouseCoopers
78, Mill Street,
Qormi QRM3101,
Malta

Legal Advisors Malta

GANADO Advocates
171, Old Bakery Street,
Valletta VLT 1455,
Malta