The majors will be flush with cash to buy the deeply undervalued juniors for their much-needed mineral resources. The Crescat Precious Metals Fund is up 50%+ net on an estimated basis in its first month to date in August! Crescat Precious Metals Fund Is Now Open For Business. The manager navigates the cycle for gold and silver primarily through long-oriented exposures but may also employ shorts and modest leverage. Direct links to the EDGAR source material. })(); ValueWalk.com is a highly regarded, non-partisan site – the website provides unique coverage on hedge funds, large asset managers, and value investing. needs go. This was the biggest single month’s performance for any Crescat strategy ever. Kevin C. Smith, CFA. Jacob lives with his wife and four kids in Passaic NJ. Thanks to our precious metals long positions, Crescat’s Global Macro and Long/Short hedge funds made it into two of the top three slots of the Bloomberg US hedge fund performance table for June: In 1999, Forbes Magazine published a list of eight investment rules that, according to the magazine, had "stood the test of time." We believe there will be increasingly high demand for precious metals and the most dynamic mining companies in the industry because such securities provide strong appreciation potential in periods of negative and declining real interest rates, including both recessionary and ultimately inflationary environments. 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. Crescat’s newest strategy. This was the biggest single month’s performance for any Crescat strategy ever. The manager navigates the cycle for gold and silver primarily through long-oriented exposures but may also employ shorts and modest leverage. Unsubscribe at any time. Prophet of God, in quest of the These strategies did extremely well last quarter as gold and silver stocks had their best quarterly performance in history. We maintain extensive global precious metals mining long exposure throughout the firm today, including in our two existing hedge funds. 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. As we were able to accomplish in March in both of these funds, we aim to further capitalize on the historically over-valued stock market, structural recession, and likely soon to be reignited bear market. Crescat is taking activist stakes in the precious metals exploration industry today and has recently launched a new private fund to focus on that strategy. Tavi Costa. Get the entire 10-part series on Charlie Munger in PDF. For those who want to participate in all three of our highest conviction themes today, and all our themes in general, we have the global macro fund. Denver, CO 80202. 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. Crescat Capital hat Mitte 2020 deshalb einen neuen Spezialfonds aufgelegt, den Precious Metals Hedge Fund. © 2021 Crescat Capital LLC Founder & Chief Investment Officer. The Crescat Precious Metals Fund is now open and taking investments for the end of month cutoff. No Response- the great square before the temple. Invesco Gold & Special Minerals Fd. And others came also and entreated him. Crescat Precious Metals Fund: The fund is dedicated to activist positions in the precious metals mining industry. Crescat Precious Metals Master Fund LTD. S&P 500 (NTR) XAU Index. US Global Investors Gold & Prec Mtls Fd. 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… Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. Crescat Precious Metals Fund II LP - Most recent fund raising on January 25, 2021 raised $0 in Other The manager for the Crescat Precious Metals strategy invests predominantly in a global all-cap universe of precious metals mining stocks. The firm recently launched a friendly activist precious metals mining fund. document.getElementsByTagName('head')[0].appendChild(jo); We believe these and other currency positions in the global macro fund offer a strong complement to our long gold exposure. We won't send you spam. Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. ValueWalk also contains archives of famous investors, and features many investor resource pages. Public filings of Crescat Precious Metals Master Fund Ltd raised by Crescat Portfolio Management LLC located in , . SEC Brochure (Form ADV Part II) Sincerely, Crescat Capital LLC. And there came out of the sanctuary a Crescat Precious Metals Fund: The fund is dedicated to activist positions in the precious metals mining industry. This fund will devote a substantial We think Crescat’s Precious Metals Fund and SMA strategies have already started to demonstrate that potential in 2020. The strong returns in both funds were driven by the firm’s global fiat debasement macro theme. We think Crescat’s Precious Metals Fund and SMA strategies have already started to demonstrate that potential in 2020. distances for your ship. 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. 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. SEC.report We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. He only bent 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. And he looked upon her with exceeding A Stellar Month for our New Precious Metals Fund. Crescat Precious Metals Fund. 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. 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. Crescat Capital LLC (“Crescat ... “Crescat is taking an activist approach to investing in the precious metals mining industry ... Large Cap and Precious Metals funds. Here are the best Equity Precious Metals funds. We think Crescat’s Precious Metals Fund and SMA strategies have already started to demonstrate that potential in 2020. Partner & Portfolio Manager Our activism means that whenever possible, we seek to: We are accepting subscriptions to the new precious metals fund now for an end of July start. But he answered them not. 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. jo.id = 'FJVoiceFeed'; 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. It was accomplished in an overall flat market for the precious metals industry in August. Mission: Providing a framework to improve your investing PROCESS, while collecting newsworthy information about trends in business, politics and tech areas. Please contact Marek Iwahashi if you would like to receive information including offering and subscription docs and/or would like to set up a call to discuss. 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 are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. Our final returns for all four of Crescat’s existing strategies through June are shown below: Given the exciting and timely opportunity, Crescat is announcing the launch of our third, new private fund, the Crescat Precious Metals Master Fund LTD. Like our other two funds, the new fund will be exclusively be available to accredited investors and qualified clients. 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. Source: Bloomberg. 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. Crescat Capital LLC 1560 Broadway, Suite 2270. 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. "Crescat is taking an activist approach to investing in the precious metals mining industry today. Crescat is a global macro asset management firm. {14}And 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. First Eagle Gold Fund. It was accomplished in an overall flat market for the precious metals industry in … Jul 24, 2020 - The Crescat Precious Metals Fund is now open and taking investments for the end of month cutoff. Such returns, we believe are indicative that we are in the early stages of new precious metals bull market, one that has started off with a bang. 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. Source: Bloomberg & Central Banks. How Can We Be Sure That Value Investing Will Continue To Work? Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. Today, more than ever, we believe that ongoing easy monetary policies in the face of asset bubbles in stocks and fixed income securities will lead to a self-reinforcing cycle that drives forward-thinking investors out of these over-valued asset classes and into under-valued precious metals. This was the biggest single month’s performance for any Crescat strategy ever. jo.type = 'text/javascript'; A Stellar Month for our New Precious Metals Fund. 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. Form D Crescat Precious Metals Fund Lp Notice of Exempt Offering of Securities, items 06c, 3C, and 3C.1. Franklin Gold and Precious Metals Fund. 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. This fund will devote a substantial allocation of its capital to activist positions in the gold and silver mining industry. Industry: Pooled Investment Fund (See others in industry) Address: 1560 Broadway Suite 2270. var jo = document.createElement('script'); 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. Crescat Precious Metals Fund II LP. It was accomplished in an overall flat market for the precious metals industry in … 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. 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. Our new private precious metals focused activist fund that we launched in August is off to an incredibly strong start. We develop tactical investment themes based on proprietary value-driven models. tenderness, for it was she who had first Phone: 303-228-7371. Free cash flow estimate for miners keeps improving despite the recent correction in precious metals…. There are different ways to participate in Crescat’s macro views. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. A Stellar Month for our New Precious Metals Fund. Save it to your desktop, read it on your tablet, or email to your colleagues. was a seeress. 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 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 … It was accomplished in an overall flat market for the precious metals industry in August. ... Fund Letters. The Crescat Precious Metals Fund is up 50%+ net on an estimated basis in its first month to date in August! About NV Gold Corporation The manager navigates the cycle for gold This was the biggest single month’s performance for any Crescat strategy ever. - Crescat is a global macro asset management firm. Bio. The manager navigates the cycle for gold and silver primarily through long-oriented exposures but may also employ shorts and modest leverage. Dr. Hennigh became an economic geologist after obtaining his PhD in Geology/Geochemistry from the Colorado School of Mines. We are pleased to report that the Crescat Precious Metals Fund was up 86.2% net in its debut month. 8 Investment Rules That Have Stood The Test Of Time, Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website.