Tera Capital Fund: Altima Asset Management

Highly commended: Most innovative fund of hedge funds


When Altima Asset Management launched the Tera Capital Fund in April 2005, it decided to create something different – a fund of hedge funds (FoHF) focused on Russian investments, spread across both debt and equity.

So far all the signs are that they made a good choice: the fund has returned an impressive 16.05% a year on an annualised basis with a volatility of 11.46%. Its fee structure is unusual too, with no management charges, just a 20% performance fee.

Investors are mostly from Western

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here