Future Generations Investment Forum Presentation

Avenir Capital’s Chief Investment Officer, Adrian Warner, will be a special guest presenter at the forthcoming Future Generation Investment Forum to be held in Sydney on 16 May 2017.

This event is the inaugural Future Generation Investment Forum and will provide access to exclusive investment ideas in a series of five-minute presentations from Future Generation’s domestic and global fund managers.

More information can be found here.

Avenir Capital Joins Forces with Fidante Partners

Fidante Logo

Avenir Capital is pleased to announce a partnership with Fidante Partners.

Challenger Chief Executive Funds Management Ian Saines said: “In line with our strategy to expand our product offering in sought after asset classes, we are delighted that Avenir is joining our stable of fund managers. It’s further evidence that Fidante’s multi-boutique business model, including our distribution, administrative services and strategic support capabilities, represent an attractive proposition to exceptional fund managers with strong track records.”

General Manager Fidante Partners, Nick Hamilton said: “Avenir Capital is an exceptional investment manager. Avenir’s investment approach has been developed from its private equity heritage that we believe provides the foundation for long-term investment success.

“By combining Avenir’s investment capability with our Australian and international distribution channels, we are confident that the fund will continue to prosper over the coming years.”

Chief Investment Officer, Adrian Warner, founded Avenir Capital in 2011 and personally manages the Avenir Value Fund. The firm has developed a strong track record in global value investing.

Mr Warner said: “Since founding the firm our primary focus has been on fundamental, bottom-up investment with high conviction. Having successfully built our investment approach over that period, I am excited by the opportunity to partner with Fidante.

“My investment beliefs are based on 25 years of experience gained across global private and public equity markets, where analysis and research are critical. I absolutely believe in the potential of long-term patient capital as a means of delivering to investors strong and differentiated returns from equity markets.”

Prior to founding Avenir Capital, Mr Warner worked in private equity investment in Australia, Asia and the United States, including Managing Director at CVC Asia Pacific, part of CVC Capital Partners, a leading global private equity firm with approximately US$15 billion funds under management as at December 2007.

ABOUT FIDANTE:
Fidante Partners is an investment management company that partners with specialist asset management firms to deliver compelling opportunities to an international investor base. As at 30 September 2016, Fidante had approximately $41.6 billion of funds under management. Fidante Partners is part of the Challenger Group.

Adrian Warner: 50 Unsung Business Heroes

Adrian Warner was recently selected to be featured in a book titled, “50 Unsung Business Heroes” which reveals the fifty inspiring stories of Australian business entrepreneurs, and details each individual’s background and mentors including advice and tips. Read the full story here.

 

 

 

Avenir Capital: Featured in The Manual of Ideas-Berkshire Hathaway Issue

moilogo-gifThe Manual of ideas asked some of their members to share one or two things they have learned from the great investors at the helm of Berkshire Hathaway over the years. Adrian Warner, the Managing Director of Avenir Capital, shared his thoughts on his influences: 

During the 18 years I worked in the private equity industry, my colleagues and I spent most of that time patting ourselves on the back for how clever we were for operating in the inefficient private market compared to those who toiled away in the vain hope of beating the extremely efficient public market. I maintained the view that institutional public market investing was essentially closet index investing for which l had zero personal passion and even less belief in it as a worthwhile undertaking. While I had been aware of Buffett for many years, and had even seen him speak in person as a student at Harvard Business School, it was not until I felt the private equity industry had become overly competitive and institutionalized, and was looking for the next evolution in investing, that I decided to take a closer look at what Buffett had to say.

After almost 20 years of investing, Buffett’s teachings opened my eyes, anew, to the world of opportunity in the public market. He provided a framework for investing that allowed me to realize that while the public market is, indeed, very efficient, one only needs to find a select few inefficiently priced opportunity.

He also emphasized to me that a history of private equity investing provided a very sound backdrop to investing in the public market. In private equity we learnt to focus on identifying valuable investment opportunities through deep fundamental research at the company specific level. We learnt to worry about the downside first and exercise extreme selectivity in allocating investment capital. We learnt to focus on absolute, not relative or benchmark driven returns. We learnt to invest with a long term orientation and think of investing as buying a stake in a productive business rather than simply buying a piece of paper with a price attached. While I had seen each of these concepts as central to private equity investing, a closer review of what Buffett had been espousing for so many years highlighted that they were equally applicable to investing in the public market. Despite having spent many years deeply embedded in the world of private equity investing, this revelation allowed me to view the opportunity provided by the public market in an entirely different light and to appreciate the extraordinary potential of applying private equity style investing to the public market.

See the publication here: Manual of Ideas

Avenir Capital: Selected as a Fund Manager for Future Generation Global Investment Company

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Avenir Capital: Selected to join Australia’s most prominent Global Fund Managers in the Future Generation Global Investment Company (FGG), Australia’s first internationally focused listed investment company (LIC) with the dual objectives of providing shareholders with diversified exposure to selected global fund managers and changing the lives of young Australian affected by mental illness.

Adrian Warner, chief investment officer at Avenir Capital commented, “we are excited to be a part of this innovative charity that could benefit Australians for generations by helping ensure that mental health issues are addressed in our youth.”

He continues, “we are happy to join other fund managers in contributing to this worthwhile cause by providing our investment services on a pro-bono basis. We will follow the same investment strategy of research-driven, value-oriented and special-situation global investments that has delivered a 20% gross annual return since the inception of Avenir Capital.”

 FGG intends to donate 1 per cent of net tangible assets per annum to Australian non-profits making FGG the biggest donor to mental health in Australia, after the government. FGG seeks to provide shareholders with global exposure to maximize total return with a combination of capital growth and income. Each FGG shareholder can choose to direct their pro rata 1 per cent of net tangible assets to a charity from a list of 19 that have been pre-approved by the board.

 

Media Contact: enquiries@avenircapital.com.au

Further Information: http://www.futuregeninvest.com.au/Global/

Full Press Release Available Here

Avenir Capital: Finalist for HFM Asia Hedge Fund Performance Award

FINALIST2014-LogoAvenir Capital has been announced as a finalist for a Performance Award as Long/Short Global Equity fund at the HFM Asia Hedge Fund Awards 2014.

THE HFMWeek Asia Hedge Fund Awards reward outstanding performance provided by the Asia hedge fund industry throughout the last 12 months.

The awards feature a number of categories and recognition is awarded to those who have demonstrated exceptional returns over a period of time in the marketplace. Winners and finalists are decided by a panel of judges, selected for their wealth of expertise and experience.

HFM is the leading resource for current global hedge fund news. HFM delivers in-depth coverage of the latest hedge fund developments and people moves, as well as detailed analysis, market intelligence and reports.

To view the winner’s list and read the supplement in full, visit: The Pinnacle of Performance

Australia Financial Review: Info-Hungry Fundy Hot-Wired

afr logoThe free Google Alerts service is just one of the digital tools that Avenir Capital founder and chief investment officer Adrian Warner is employing in his battle to gain an information edge on global companies from his base in Sydney.

Warner has a series of the alerts set up to push news articles from around the world into his inbox featuring keywords such as: profit warning, write-down, bankruptcy, divestiture, and spin-off.

Read more at: AFR

For the 3rd time in 2014 Avenir Capital Pty Ltd named ‘Absolute Return Fund Manager of the Year’.

ACQ-Global-Awards-2014---AVENIR-CAPITAL SMALL LOGOAvenir Capital: ‘Absolute Return Fund manager of the Year – Australia’, awarded by ACQ Global Awards July 2014

Private equity veteran Adrian Warner of Avenir Capital also received this accolade at the International Hedge Fund Awards in January and the Corporate Livewire Global Awards in May.

Over the last 11 years, ACQ (Acquisition Finance) magazine has established itself as the leading monthly title for the M&A advisory community, requested by over 106,000 senior executives in the market and providing them with a regular snapshot of industry activity that have taken place around the world.

Jake Robson, Editor in Chief of ACQ noted that “…Exceptional individuals, teams and firms across the marketplace represent the very best in their field from around the wo rld and truly deserve the accolade of being an ACQ Award winner.”

Adrian Warner, chief investment officer at Avenir Capital commented, ‘we were delighted when we were notified of this award; certainly this year good things do come in threes.” He continues that, “by being very selective and identifying low risk special situation investments in which there is a material disconnect between the underlying value and the price the market is asking us to pay, we delivered a 43% net return to investors in 2013 and have compounded our investor’s money at over 22% per annum since inception.”

Adrian Warner brings a private equity background to investing in international public equity markets allowing Avenir to distinguish itself from other fund managers. Avenir has a unique fee structure in which no fees are paid unless the fund delivers a 6% per annum return. Avenir does not borrow to invest and, in has held over 20% of the fund in cash over the past twelve months.

To view the winner’s list and read the supplement in full, visit: ACQ5.com

 View Avenir Capital Press Release “2014 Absolute Return Fund Manager Award Win” here 

Avenir Capital “Absolute Return Fund Manager of the Year – Australia” by Global Awards

Avenir Capital Global Awards Winner

Avenir Capital: ‘Absolute Return Fund manager of the Year – Australia’, Corporate Livewire Global Awards May 2014 in the UK. This follows being named the ‘Absolute Return Fund manager of the Year – Australia’ at the International Hedge Fund Awards 2014 in January.

Adrian Warner, chief investment officer at Avenir Capital commented, ‘we were delighted when we were notified that we had won this prestigious second award. Both awards are an endorsement that great results can be achieved for investors by following a sensible, thoughtful and low risk investment programme. We do not borrow to invest and, in fact, have held over 20% of the fund in cash over the past twelve months.”

He continues that, “by being very selective and identifying low risk special situation investments in which there is a material disconnect between the underlying value and the price the market is asking us to pay, we delivered a 43% net return to investors in 2013 and have compounded our investors money at over 22% per annum since inception.’

 Adrian Warner brings a private equity background to investing in international public equity markets allowing Avenir to distinguish itself from other fund managers. Avenir has a unique fee structure in which no fees are paid unless the fund delivers a 6% per annum return.

Corporate Livewire Global Awards 2014 champion the efforts of stand out businesses that are paving the way to a brighter tomorrow.

To view the winner’s list and read the supplement in full, visit: Global Awards 2014

 View Avenir Capital Press Release “2014 Absolute Return Fund Manager Award Win” here

Avenir wins UK award

Money Management LogoSydney-based fund manager Avenir Capital has picked up an international award – 2014 Absolute Return Fund Manager of the Year, Australia – at the UK’s International Hedge Fund Awards. Read more…