Abacus Capital has managed a variety of equity and debt funds over the past two decades for a variety of institutional investors, including Abacus Capital, Danareksa Asset Management, and Bankers Trust Company.
Abacus Capital’s equity mandates include several industry specific equity funds focused on Oil & Gas and Mining, which seek to make long term capital gains through minority and control positions in small and mid-cap companies. In addition, Abacus Capital manages its proprietary Bull Equity Fund which focuses on the group’s top trade ideas to achieve outsized capital gains in single stock investments. The portfolio seeks to invest in undervalued stocks that are likely to rise due to either (i) investor-respected management and shareholders, (ii) a company and/or sector re-rating by investors or (iii) a significant positive corporate event such as a restructuring, a merger/acquisition, or a strategic investment. The portfolio takes concentrated exposures, often with high-risk profiles. The portfolio generally consists of fewer than 10 positions, each held for periods of 3 to 24 months. Risk management is exercised through a policy of trailing stop loss levels at between 10% and 50%.
Abacus Capital invests in private equity transactions through its Abacus Ventures portfolio. It principally takes minority positions in private companies with a view to actively grow businesses order to position portfolio companies for a trade sale or an eventual listing on a stock market. Frequently Abacus Capital will participate in private equity investments in businesses sponsored by its corporate clients and business partners.
Abacus Capital’s executives have managed debt funds for a variety of investors, with a specific focus on Southeast Asian sovereign local currency debt. Currently the corporate debt investments managed by the Abacus Capital are made in conjunction with an equity investment with a view to balance the capital structure of investee companies.