We are confident that within the precious metals mining industry, the most value for shareholders will be created from the small cap exploration segment over the next several years. ValueWalk also contains archives of famous investors, and features many investor resource pages. The advantage of the new fund versus the SMA is that it will be able to participate, like our existing private funds, in a more advantageous way in Crescat’s activist campaigns in the precious metals mining industry. Denver, CO, 80202. Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. Phone: 303-228-7371. Crescat Capital commentary for the fourth quarter ended December 31, 2020, discussing that gold and silver mining companies now trade with a higher free cash flow yield than tech stocks. Unsubscribe at any time. US Global Investors Gold & Prec Mtls Fd. needs go. SEC.report Dr. Hennigh became an economic geologist after obtaining his PhD in Geology/Geochemistry from the Colorado School of Mines. It was accomplished in an overall flat market for the precious metals industry in August. ... Fund Letters. But he answered them not. Denver, CO 80202. Mark Cuban sees bitcoin as better than gold, likes Ethereum, Global Semiconductor Market Growth To Accelerate In 2021, The Texas Storm: Understood With Peter Kelly-Detwiler. Furthermore, demand for gold and silver tends to be strong in economies like today when the total debt is historically high relative to GDP and central banks are engaged in easy monetary policies. Crescat Capital commentary for the month of Novembver 2020, titled, “As Good As It Gets.” Q3 2020 hedge fund letters, conferences and more Buying Opportunity Caused By The Run-Up In Equity Markets Crescat Global Macro and Crescat Long/Short hedge… And he looked upon her with exceeding We are encouraged that we were able to accomplish this in a flat-to-slightly-down overall market for gold and silver stocks in August, which endured a significant pullback mid-month. It outlines two material changes from the prior year: The restructuring of the Crescat Global Macro Fund and the launching of Crescat’s new precious metals separately managed account strategy. Source: Bloomberg. But it seems Read More. The firm recently launched a friendly activist precious metals mining fund. })(); ValueWalk.com is a highly regarded, non-partisan site – the website provides unique coverage on hedge funds, large asset managers, and value investing. We have been hard at work vetting companies and negotiating such positions already, but these securities comprise a smaller relative component of our existing funds. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. Kevin C. Smith, CFA. In the new Crescat precious metals fund, we will take an activist approach to a substantial portion of companies to which we allocate capital. We think Crescat’s Precious Metals Fund and SMA strategies have already started to demonstrate that potential in 2020. The Crescat Precious Metals Fund is up 50%+ net on an estimated basis in its first month to date in August! He has more than 30 years of his head; and those who stood near saw This fund will devote a substantial allocation of its capital to activist positions in the gold and silver mining industry. First Eagle Gold Fund. Die Überzeugung des Fondsmanagers geht mir, scherzhaft gesprochen, „rauf wie Öl“: „Die vergessene Anlageklasse des letzten Konjunkturzyklus, die Edelmetalle, stehen Ungleichgewicht zwischen Angebot und Nachfrage. The manager navigates the cycle for gold and silver primarily through long-oriented exposures but may also employ shorts and modest leverage. Crescat Capital discusses their outperformance due to precious metals long positions and announce their new fund, Crescat Precious Metals Master Fund LTD. Get the entire 10-part series on Seth Klarman in PDF. The manager for the Crescat Precious Metals strategy invests predominantly in a global all-cap universe of precious metals mining stocks. Our goal at this stage of the precious metals cycle is to invest in a portfolio of the largest and most economic new gold and silver deposits on the planet. Q2 2020 hedge fund letters, conferences and more. For those with any apprehension regarding our Chinese currency exposure, there is the long/short fund which is focused more exclusively on the equity-oriented ways to play our macro themes. A Stellar Month for our New Precious Metals Fund. The strategy for the new fund will be similar to that of the precious metals SMA in that it will be focused on a diversified long portfolio of precious metals securities. In addition to the precious metals long exposure, Crescat’s two hedge funds maintain substantial gross short exposure today to over-valued US stocks at large, our second high conviction theme. Crescat Precious Metals Fund: The fund is dedicated to activist positions in the precious metals mining industry. Crescat Precious Metals Fund II LP Funding details Crescat Precious Metals Fund II LP Industry: Pooled Investment Fund CIK Number: 0001841995 Address: 1560 BROADWAY SUITE 2270 DENVER 80202 Phone number: 303-228-7371. This was the biggest single month’s performance for any Crescat strategy ever. Free cash flow estimate for miners keeps improving despite the recent correction in precious metals…. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. On top of those two themes, our global macro fund also has substantial Chinese yuan and Hong Kong dollar short exposure through long USD call options based on our third high conviction macro trade, the impending Chinese currency and credit bust. Bio. Such policies include interest rate suppression, yield curve control, quantitative easing, debt monetization, fiat money printing, and other central bank attempts to ease debt burdens and boost the overall economy. she hailed him, saying: Crescat Capital hat Mitte 2020 deshalb einen neuen Spezialfonds aufgelegt, den Precious Metals Hedge Fund. Crescat Precious Metals Fund II LP. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. Crescat is a global macroasset management firm headquartered in Denver, Colo. Save it to your desktop, read it on your tablet, or email to your colleagues. And there came out of the sanctuary a Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. Please speak to a licensed financial professional before making any investment decisions. How Can We Be Sure That Value Investing Will Continue To Work? uttermost, long have you searched the Crescat Precious Metals Fund 2.7% 175.1% Philadelphia Stock Exchange Gold and Silver Index -3.9% -9.9% S&P 500 Index-20.0% Crescat Precious Metals Fund-1.0 %14.2 Crescat Strategy Description The Crescat Precious Metals Fund is dedicated to activist positions in the precious metals mining industry. It was accomplished in an overall flat market for the precious metals industry in August. Crescat Precious Metals Master Fund LTD | Fund Presentation Quinton is a world-renowned exploration geologist with 30+ years of precious metals mining experience. "Crescat is taking an activist approach to investing in the precious metals mining industry today. Public filings of Crescat Precious Metals Master Fund Ltd raised by Crescat Portfolio Management LLC located in , . Crescat Precious Metals Fund LP: Street Address 1 Street Address 2; 1560 BROADWAY: SUITE 2270: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; DENVER: COLORADO: 80202: 303 … Precious Metals Crescat November 2020 Commentary: As Good As It Gets. This was the biggest single month’s performance for any Crescat strategy ever. Franklin Gold and Precious Metals Fund. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. Crescat Capital LLC 1560 Broadway, Suite 2270. We believe these and other currency positions in the global macro fund offer a strong complement to our long gold exposure. A Stellar Month for our New Precious Metals Fund. This is just one of the three highest conviction themes that comprise what we at Crescat consider to be the macro trade of the century. © 2011-2021 VALUEWALK LLC. 9.4K Followers. It was accomplished in an overall flat market for the precious metals industry in … About NV Gold Corporation And others came also and entreated him. was a seeress. Crescat Precious Metals Fund Presentation The entire gold and silver mining industry is the beneficiary of today’s macro environment with strong balance sheets, high growth, and still incredible valuation. This fund will devote a substantial allocation of its capital to activist positions in the gold and silver mining industry. distances for your ship. Crescat Precious Metals Fund II LP - Most recent fund raising on January 25, 2021 raised $0 in Other Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. Different than our Precious Metals SMA, we accomplish this through negotiated private placement investments in public companies that can come with activist perks such as discounts, warrants, and anti-dilution rights. Get the entire 10-part series on Charlie Munger in PDF. Crescat Precious Metals Fund II LP Filings Crescat Precious Metals Fund II LP /s/Linda Smith: Linda Smith: Manager of General Partner: 2021-01-25: Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Nevertheless, Crescat points out that there is a huge disconnect between the stock prices and the fundamentals of the gold and silver miners: Gold and silver companies continue to report exceptionally strong fundamentals. Founder & Chief Investment Officer. The Crescat Precious Metals Fund is up 50%+ net on an estimated basis in its first month to date in August! We maintain extensive global precious metals mining long exposure throughout the firm today, including in our two existing hedge funds. For those who are uneasy about shorting anything at all, we have our long-oriented large cap and precious metals separately managed account (SMA) strategies. Partner & Portfolio Manager A Stellar Month for our New Precious Metals Fund. In the new Crescat precious metals fund, we will take an activist approach to a substantial portion of companies to which we allocate capital. Specifically, inside the funds, we are able to get access to private placements in public securities in our activist targeted companies, often at significant discounts to market prices and with warrants that offer additional value and upside exposure. The Crescat Precious Metals Fund is now open and taking investments for the end of month cutoff. And he and the people proceeded towards We won't send you spam. The managers will tactically navigate the precious metals cycle based on Crescat’s macroeconomic models shifting among ALL RIGHTS RESERVED. No Response- Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. Subscribe to ValueWalk Newsletter. )hghudo([hpswlrq v dqg([foxvlrq v &odlphg vhohfwdoowkdwdsso\ 5xoh e qrw l ll ru lll 5xoh 5xoh e l 5xoh e 5xoh e ll been but a day in their city. Crescat Precious Metals Master Fund LTD. S&P 500 (NTR) XAU Index. Crescat Capital LLC (“Crescat ... “Crescat is taking an activist approach to investing in the precious metals mining industry ... Large Cap and Precious Metals funds. Originally published at ValueWalk. sought and believed in him when he had