TAKAHĒ GLOBAL MARKETS FUND
Approach
The Global Markets Fund (GMF) is a systematic trend following fund which trades a cohesive ensemble of robust strategies across a very diverse set of markets, methods, and trading horizons.
GMF belongs to a market segment with few remaining competitors but immense potential: “higher octane” alternative investment funds. Over the past decades, most hedge funds — including trend following programs — have lowered their volatility targets, creating a crowded “red sea” of asset gatherers focused on Sharpe ratio maximization.
We’d like to differ. GMF seeks to generate high compound returns by keeping losses small and letting winning trades run on, accepting the volatility that is the consequential result of an approach that aims to participate in large “home run” price moves.
In addition to GMF’s higher-than-average volatility, the fund is set apart by our unique market universe and distinctive trend following approach, enabling us to generate returns that are de-correlated from peers and industry benchmarks.
GMF charges no management fees. Our compensation is purely driven by performance, maximizing the alignment with our investors. To protect existing investors and maintain full trade-sizing capability in all markets of the fund’s universe, which includes smaller commodity markets, assets are capped at about €500 million.
Key Features
- A capital efficient, higher volatility trend following fund which aims to generate outsized returns
- Designed to capture price trends across a broad set of markets which includes smaller commodity markets and longer-dated contracts
- Zero management fees. We’ll only earn a fee if and when we make money for our investors that exceeds a cash-based hurdle rate, creating the best-possible alignment
- AUM are capped at about €500 million to protect investors
- Trading an ensemble of independent systems, methods, and trading speeds, long and short, each with a clear rules-based design and purpose
- Hunting outlier price moves in both tails of the return distribution
- Consistent and robust investment process which avoids unnecessary complexities
How to Invest
Eligible clients may invest in the Cayman Islands-domiciled Takahe Global Markets Fund, or the US-domiciled Takahe Global Markets Fund, LP. Both are feeder funds to the Takahe Global Markets Master Fund (Cayman Islands). If you are interested, please contact us.
Investor Documents
Please visit our Investor Area for further information.
Performance Update: 30 September 2025
The performance data should be viewed in conjunction with our performance disclosure notes, which are an integral part of our performance reporting. The results shown in the table above refer to the performance of the Takahē Global Markets Fund, Class A Shares. Results may be based on estimates. All calculations are based on month-end data starting 31 May 2021. N/A values will be calculated starting May 2026. The value of your investment can and does fluctuate. Past performance is not indicative of future results.
Risk Notice
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Nothing on this website should be construed as an offer, or as a solicitation of an offer, to buy or sell any investments, securities, funds or other financial instruments in any jurisdiction.
The investment strategies or funds referred to on this website are offered solely on the basis of the representations expressly set forth in the relevant legal offering documents, and no other information or representations may be relied upon. They are exclusively available to professional clients and eligible counterparties as defined by the Markets in Financial Instruments Directive (MiFID) and Qualified Eligible Persons as per Section 4.7 of the US Commodity Exchange Act.
Any performance information is not a measure of return to a single investor, is not necessarily based on audited financial statements, and is dated. The performance may have decreased since this website was last updated.
Please note that the investment strategies or funds referred to on this website involve a substantial degree of risk. Their performance may be very volatile, which can lead to a partial or total loss of the invested capital.