Public Commentary: The following information is intended solely for accredited investors and “qualified purchasers” as defined in Regulation D Rule 506(c) and Regulation C of the Securities Act of 1933. It is not an offer to sell or a solicitation to buy any security. Any offer will be made only through a confidential private-placement memorandum.
Private Fixed Income Fund — Diversified Yield Strategy
The Fund targets stable, uncorrelated income by allocating capital across liquid option-overlay strategies and privately structured, credit-enhanced receivables. Duration is capped below four years, with each position limited to <5 % of NAV. Capital, margin collateral, and portfolio securities are held at a qualified third-party custodian; all portfolio accounting and investor reporting are handled by an independent fund administrator; and annual financial statements are examined by a registered public accounting firm.
Guide Navigation
1. Fund Overview
The vehicle is a closed-end limited partnership. An SPV is formed in the jurisdiction that best aligns with asset sourcing—Delaware, Luxembourg or Singapore—subject to tax efficiency and investor preference. The General Partner commits 2 % of total capital for alignment.
2. Target Allocation
| Asset Class | Target Weight | Yield Drivers / Rationale |
|---|---|---|
| Covered-Call ETFs | 30 % | Option premium harvested on large-cap indices; daily liquidity. |
| Insured Trade Receivables | 25 % | 30–180-day invoices backed by AA-rated credit insurance. |
| Senior Secured Loans | 20 % | First-lien positions in middle-market issuers; floating coupons. |
| Equipment-Lease ABS | 10 % | Seasoned small-ticket pools with over-collateralisation. |
| Short-Duration Treasuries | 10 % | Liquidity sleeve; collateral for derivatives and subscription queue. |
| Opportunistic Credit ≤5 % | 5 % | Niche exposures such as tokenised carbon notes or infra debt. |
3. Service Providers
| Custodian | State Street Bank & Trust (or other qualified custodian approved by LPAC) |
|---|---|
| Fund Administrator | SS&C GlobeOp — daily NAV, capital-account statements, AML/KYC |
| Auditor | Deloitte & Touche LLP — annual GAAP audit and Form PF review |
| Legal Counsel | Dechert LLP — fund formation, ongoing securities counsel |
Copies of executed service-provider agreements are available to prospective investors under NDA.
4. Investment Process
- Pipeline sourcing — proprietary database of issuers, trade-finance platforms and ETF liquidity screens.
- Credit underwriting — PD/LGD modelling, collateral audits, option-premium stress tests.
- Committee approval — unanimous IC vote required for positions ≥2 % NAV.
- Monitoring — daily VaR, weekly liquidity stress, quarterly third-party collateral re-verification.
5. Risk Management
- Diversification limits: No obligor >2 % NAV; sector >15 % NAV.
- Credit enhancement: Excess-spread triggers and trade-credit insurance on receivables.
- Liquidity reserve: ≥10 % NAV in T-Bills and margin-eligible ETFs.
- Option overlay controls: Covered calls ≤30 days; 1-day VaR <3 % NAV.
- Custody safeguards: Segregated accounts; daily reconciliation by administrator and custodian.
- Valuation oversight: Level-2/3 assets priced quarterly by an external valuation agent.
6. Key Terms
| Vehicle | Closed-end LP (Reg D 506(c)) |
|---|---|
| Minimum Commitment | USD 250,000 (or USDC/ETH equivalent) |
| Management Fee | 1.25 % p.a. on committed capital |
| Performance Allocation | 10 % over a 6 % preferred return |
| Target Fund Size | USD 150 million |
| Fund Term | 5 years + 1-year LP option |
| Distributions | Semi-annual, subject to available cash flow |
Next Step
To receive the private-placement memorandum and subscription documents, email contact@fgcapitaladvisors.com. Commitments may be funded in USD (SWIFT) or USDC/ETH to the escrow address provided upon execution.
This summary is for informational purposes only. Interests in the Fund have not been registered under the Securities Act of 1933 and are offered in reliance on Regulation D Rule 506(c) and Regulation C. Past performance is not indicative of future results. Prospective investors must review the private-placement memorandum and consult independent legal, tax and accounting advisers before investing.
