PPCS Takapau

General information

Richmond Investment Management GP Limited (Richmond) brings together the relevant investment management skills and capabilities of the Spencer Family Group (SFG) and Warren Couillault. SFG was formed by John Spencer to invest and manage the proceeds from the family's sale of the Caxton Group, and has over 18 years experience in hedge fund investment. Warren Couillault has over 20 years involvement in the financial markets.

Richmond's aim is to provide investors with a better type of investment – one that does not necessarily require favourable or buoyant financial markets to generate returns. Our goal is to produce absolute positive returns regardless of the financial market environment, i.e. in "good" markets and in "bad". Richmond aims to achieve this by investing with a small but diversified group of select hedge fund managers that are currently included or approved for inclusion in the SFG portfolio.

We strongly believe the superior risk and return attributes of hedge funds enhance long term capital growth. SFG has developed a disciplined and consistent investment process which focuses on selecting preferred hedge fund managers, allocating capital to those managers and monitoring their performance. SFG has been managing investments on this basis for more than 18 years and its portfolio has proven to be strong and resilient in the many different investment climates experienced over that time. Importantly, the portfolio has generated significantly positive overall returns (in United States dollars).