Epic Hedge Funds
Epic Closed-End Fund
The Epic Closed-End Fund was a five year fund that took a private equity approach to investing in small cap securities. The fund was introduced to capitalize on disruptions in the Canadian equity markets observed in 2012. The fund came to a successful close on December 31st, 2018 after significantly outperforming its S&P/TSX Small Cap and S&P/TSX Venture benchmarks.
Captive capital was a key competitive advantage of this fund as a five year term:
Provided time for investment ideas to materialize
Prevented the fund from ‘getting squeezed out’ due to fund flows (not fundamentals)
Offered the flexibility to act contrarian during market downdrafts