Orange Opportunity Fund
The Orange Opportunity Fund was set up in the summer of 2005 in the wake of the Orange Revolution in Ukraine. Its aim was to cater to the demand that appeared amongst international investors looking for exposure to the Ukrainian growth story. The fund is managed by Orange Global Advisors, an affiliate of Dragon Capital.
The Fund’s investors include high net-worth individuals and institutional investors from Eastern and Western Europe.
The Orange Opportunity Fund raised a total of $130m by its final closing in 2006.
Fund: Orange Opportunity Fund Ltd.
Fund Type: Open-end professional investment fund
Strategy: Eastern European listed equity with current focus on Ukraine, long-short.
Target Fund Size: $100m
Subscriptions: Monthly, at NAV
Minimum subscription: $100,000
Redemptions: Quarterly, upon 45 days’ notice. Redemption Fee of 4% for any shares redeemed within 12 months of purchase.
Fees: 1.75% management fee; 20% performance fee, subject to high water mark
Investment Advisor: Orange Global Advisors Ltd.
Administrator: Folio Administrators Limited
Auditor: PricewaterhouseCoopers
Fund Domicile: British Virgin Islands
Eligible Investors: Sophisticated offshore investors
Performance 2009: 30%
Performance 2010: 55%
For more information, please contact us at dam@dragon-capital.com
