THE VISIO OCCASIO FR QI HEDGE FUND

The Visio Occasio FR QI Hedge Fund is a high-conviction variable net absolute‐return focused equity long/short hedge fund, targeting a low correlated source of returns to equity
markets. The fund invests in JSE‐listed stocks, as well as offshore listed equities. Investment decisions are based on in depth research of company and sector fundamentals.
The strategy has limited derivative positions and net equity exposure of 40%-80%. The fund has annualised 15.2% versus the ALSI’s 11.8% since inception in 2009.

Investment strategy

Our investment process is firmly rooted in fundamental analysis. Our value‐driven approach is predominantly bottom-up and sector‐ or theme‐specific. We spend a considerable amount of time ‘on the road’ towards achieving our targeted end result. Our research is not limited to only listed companies. We continuously expand our knowledge and contact base with many unlisted companies, who are either trading partners or competitors with our listed counterparts.

Strategies employed:

• Individual long and individual short positions
• Particular sector exposures
• Event-driven positions – takeovers, mergers and LBOs
• Arbitrage – long term (correlated and uncorrelated)
• Listed debt instruments

Investment team

The fund is managed by Head of Hedge Funds Ofri Kahlon, founder and CIO Patrice Moyal together with the investment team. Patrice is a chartered accountant with 27 years’ investment experience and is complemented by the team, which has a combined 260+ years; experience. The investment team of 15 has a diverse skills base and cultural backgrounds. The team has qualifications in accounting, corporate finance, equity research and private equity and includes chartered accountants, mathematicians, chemical engineers and CFAs. These varying backgrounds complement each other and help avoid myopic vision when analysing companies.