McIntyre Partnerships April 2019 Tear Sheet

McIntyre Partnerships tear sheet for the month ended April 30, 2019.

management fee 20% incentive fee

Fund Description

McIntyre Partnerships is a concentrated, 130/30 fund with a goal of significant outperformance over the market cycle. The fund focuses on event driven, non-cyclical GARP, and distressed investments, with an emphasis on high-quality, predictable business models. We believe a concentrated portfolio of five-to-ten thoroughly researched investments provides the best risk/reward returns over the economic cycle. AUM and management fees are capped.

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Q1 hedge fund letters, conference, scoops etc

Portfolio Manager Biography

Chris McIntyre has eleven years of investment experience across several funds: MAK Capital, Cobalt Capital, MDR Capital, and FNY Securities. Most recently he was a Managing Director at MAK Capital, a value focused equity and credit fund, where he managed investments in consumer, telecom, and special situations. Chris is a CFA charterholder. He is a University of Virginia graduate with degrees in Economics and Government.

Fund Terms and Service Providers

  • Subscriptions: $1,000,000 minimum, monthly
  • Founders Class: 1.5% management fee, 20% incentive fee Drops to 1% and 15% at $50MM AUM
  • Class A Fees: 1.5% management fee, 20% incentive fee
  • Hurdle: 5% hard
  • High Water Mark: Yes
  • Redemptions: 25% per quarter over four quarters No initial lock up
  • Auditor: Spicer Jefferies LLP
  • Administrator: NAV Consulting
  • Prime Broker: BTIG/Pershing (Bank of New York)
  • Legal Counsel: Cole-Frieman & Mallon LLP

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About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver