The investment objective of the Rockridge Private Debt Pool is to achieve consistent risk-adjusted returns with low volatility, primarily by investing in third-party investment funds that hold a diverse portfolio of actively managed private debt and real estate-related private equity investments based primarily in Canada and/or the United States. As it is intended that the Fund will have a low correlation to publicly traded securities, investors may use the Fund as a means to diversify their total portfolio holdings.
To achieve the Fund’s investment objectives, the Fund will primarily employ a fund of funds investment strategy; however, some portfolio investments may be direct. Specifically, the Fund will invest primarily in a portfolio of third-party investment fund (“Portfolio Funds”) (such as bridging and factoring funds, mortgage investment corporations, REIT’s, infrastructure funds, and other private debt and private equity real estate funds it deems suitable) that in turn will employ various private debt and real estate related strategies, including asset-based lending (“ABL”) to companies, mortgage lending, mezzanine lending, and direct investments in real property. The portfolio will not be subject to geographical or industry sector restrictions. However, it is intended that it will focus primarily on investment in companies and assets based in Canada and/or the United States.