Libero Funds was developed through a combination of over 50 years’ experience in Alternative Assets Services, Funds and Financial Services and a deep frustration with poorly performing market correlated investment strategies. In 2012, Mary Murphy (Former Executive Managing Director of IFS) and Iain Cahill decided to create an investment strategy which is low risk with low volatility but generates strong returns in all market conditions.
This strategy became the Libero Development Fund, an absolute return offering with a pioneering strategy which Iain is keen to explain.
“Our Libero Development Fund strategy is truly unique in how it is structured and operates. It is designed to achieve consistently positive returns with low risk and low volatility. Based on the fund structure and key risk management policies, and agreed with the Auditors, the Fund only recognises income earned. By not recognising unrealised gains the monthly NAVs reflect actual income earned by the Fund.
“Overall we see our fund as having the potential to aid other funds who hold large cash balances and are concerned about deploying them in the current market environments. As we all know from the moment investor capital is raised, we have a duty of care to both protect their capital but also have it working. Libero can help to bridge that gap for other fund managers.”
All of Libero’s funds are offshore, non-US investor, funds that offer a flexible framework with several funds for experienced investors who include Family Offices, Fund of Funds and Sophisticated Investors who are seeking a real alternative investment to cash or bond equivalent low risk strategies while at the same time seeking strong capital growth or income. Iain explains how the firm supports clients and ensures that its investment products meet their individual needs.
Key to how Libero Funds work, is listening to investor requirements and working with experts in all aspects of the funds operation. The fees charged by hedge funds are still a focus for investors and that challenge is a fair one. However, ultimately the onus is on any Fund to first deliver a fair return to investors, and as such we aim to offer the best risk adjusted returns possible.
“As a growing fund our time is spent between fund raising and investment management. While our internal investment team make the day to day trading decisions, we maintain full oversight on the activities. As any investor in a hedge fund should expect, we took the time and effort to ensure that our service providers are best in class which allows us to spend a great deal of our time with both existing and prospective investors. With such a vast array of funds in the market, our ongoing challenge is to create the right investor attention through strong returns which are low risk and with low volatility.”
Owing to investor demand, Libero have recently launched a complementary second fund, the Libero Growth Fund which seeks to create an important offering for those looking for a more mezzanine type fund and is already garnering significant investor interest. As such the future looks bright for Libero Funds, and in his concluding comments Iain outlines the firm’s exciting future plans and how it aims to ensure that clients continue to receive the best possible returns and service across all of the firm’s funds.
“During 2017 at Libero Funds we intend to grow our Libero Development Fund strategy and deliver additional Fund strategies where we see opportunities driven by investor demand. For now, Our driving ambition is to see the Libero Development Fund become a true benchmark fund within the Absolute Returns sector.”
Company: Libero Development Fund
Name: Iain Cahill CIO and Mary Murphy COO
Email: iain@liberofunds.com, mary@liberofunds.com
Web Address: www.liberofunds.com
Address: 33-37 Athol Street, Douglas, Isle of Man, IM1 1LB
Telephone: 0044 7496 057894