Fortitude Capital Nominated for Australian Hedge Fund Award

August 20th, 2008

Fortitude Capital has been nominated for the “Australian Hedge Fund of the Year” and “Best Market Neutral Fund” by the Australian Hedge Fund industry.

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Fortitude Capital Defends Short Selling

July 17th, 2008

Australian hedge fund players have slammed US moves to curb some forms of short selling, saying hege funds were being made the scapegoat for falling markets.

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Aurora launches Aurora Property Buy-Write Income Trust

February 3rd, 2007

Aurora Funds Management is pleased to announce the successful capital raising of $46m into the Aurora Property Buy-Write Income Trust.

The Trust is an innovative Australian fund that targets a high income return over a three to five year investment horizon. The investment strategy seeks to capture returns from investing in some of Australia’s leading ASX listed property securities, with the objective of increasing the income generated by implementing an active call option selling (‘writing’) strategy.

The Trust will also seek to protect the portfolio against extreme market conditions through the purchase of 3-month over the counter put options on each security at, or around, 90% of the then prevailing market price.

Fairfield Straits Lion adds Australian Exposure

September 13th, 2006

Fairfield Straits Lion Asset Management Limited (“FSL”) continues its series of fund launches in 2005 with the Fairfield Fortitude Australian Absolute Return Fund Ltd. (“Fairfield Fortitude” or “the Fund”). The Fund’s investment objective is to achieve a consistent positive rate of return with an emphasis on capital preservation. The Fund will seek to achieve its investment objective through a multi-strategy approach which includes derivative enhancement, convergence trading, arbitrage, event-driven, and equity long/short strategies.

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The Hedge Funds Industry in Australia

September 13th, 2006

Australia’s US$17 Billion hedge fund industry, underpinned by Australia’s significant investment management industry, has grown rapidly in recent years to become the largest in Asia.

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Fortitude Capital Wins International Mandate

July 1st, 2005

Fortitude Capital today announces the winning of an international mandate from a US based hedge fund manager. The new mandate will be managed along similar lines as to the accounts currently managed by Fortitude Capital. The account will be for an initial investment of $US25m will capacity guarantees for a further $US25m upon benchmarks being achieved.

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Fortitude Capital launches Domestic Fund

March 1st, 2005

Fortitude Capital has launched a domestic Absolute Return Fund for Australian sophisticated investors. The Fund will be seeded by the management of Fortitude Capital and will adopt a similar investment mandate as the one currently managed for Bankers Trust as part of their Total Return Fund.

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