Alternative investments platform Mantis Funds has partnered with Isola Capital to offer the Isola Fullerton Global Private Alpha Fund to Australian investors.
Mantis is to work with Isola to build a feeder fund for Australian investors.
Mantis provides distribution and operations services to 15 specialist boutique alternative investment managers.
Mantis partner and head of distribution, Damien Hatfield (pictured), said: “There is a strong and growing interest from private clients and their advisors in alternative investments, however, accessing the best private alternative fund managers globally has been challenging. Prohibitive minimum investment sizes, key vintage and strategy scarcity, and even administrative challenges around managing multiple capital call processes, have meant that all but the largest institutions in Australia are locked out of the space.”
Hatfield said Hong Kong-based Isola and Singapore-based Fullerton Fund Management offered market leading fund-of-funds investment capabilities and had outstanding track records in the alternative investment space.
Fullerton’s chief business development officer Mark Yuen said his firm would be sub-advisor to the fund in collaboration with Isola.
“We have a deep understanding of private assets across market cycles, and considerable expertise in selecting private equity funds,” he said. “Fullerton has been managing capital for a wide range of investors for two decades and our seasoned alternatives team has an average of 16 years of industry experience. Our ability to identify deep value opportunities, coupled with robust risk management, can help investors unlock value and achieve their long-term return objectives while providing diversification for portfolios.”
Chief executive of Isola, Anthony Chan, said: “Against a volatile macroeconomic backdrop, the return premium to patient investors has never been higher. Private markets can balance portfolio volatility while delivering alpha and balancing potential risk in a less correlated way than traditional asset classes. In building private markets exposure, we believe it is critical that investors construct a diversified portfolio across strategies and vintages of best-in-class fund managers. Even for large institutions, accessing the top tier of investment managers can be challenging. Both Isola and our sub-advisor Fullerton Fund Management have well-established track records of disciplined institutional fund selection and rigorous due diligence. Through Fullerton’s strong network the fund is able to access allocations with top decile asset managers across the selected strategies globally.”
Isola is a multi-family investment office and asset management platform that provides a range of proprietary investment strategies across private equity, venture capital, private credit and liquid secondary markets. Based in Hong Kong, the firm also has representation in Singapore and Brussels.
Fullerton invests across equities, fixed income, multi-asset, alternatives and treasury management strategies utilising both public and private markets. The firm’s clients include government entities, sovereign wealth funds, pension plans, insurance companies, private wealth and retail investment managers. Based in Singapore, the firm also has offices in Shanghai, London and Brunei. Fullerton is part of multi-asset management group Seviora, which was established by Singapore state-owned investment firm Temasek. Leading Singapore insurance firm Income is a minority shareholder in Fullerton.
Mantis was formed in 2020 by alternative investment industry veterans Damien Hatfield, Timothy Cheung, David Gray and Mark Paton. The firm has partnered with a range of specialist alternative investment boutique managers that collectively manage more than $30 billion.
Mantis is majority owned by its management team with Tribeca Investment Partners a strategic shareholder.