Expanding access to non-traditional investments

aditum (ah-dee-tum): Latin, meaning “access”

Mission

Mission

Aditum Alternatives’ mission is to expand private and individual investor access to non-traditional investments.

We advise clients on the design, engineering, operation and distribution of alternative, non-traditional investment products, and develop intellectual property for our clients’ use.

Aditum Aqueduct

Aqueduct

Aditum Aqueduct

The Aditum Aqueduct is a patent pending innovation for registered ’40 Act funds employing private market investment strategies, such as private equity and private credit. The Aditum Aqueduct is comprised of both novel investment product structures and enabling technologies, that offer:

  • Direct or Indirect Control of Liquid Assets, eliminating cash drag1,
  • Capital Efficiency without excessive over-commitment1 and its attendant risk,
  • expanded Exit Liquidity opportunities for investors, and
  • Capital-Cycle Management over multiple private market investment periods.



The Aditum Aqueduct provides these features:

For more information, please e-mail us at Aqueduct@AditumAlts.com.

1For example, one ’40 Act registered private equity fund of funds has oscillated between cash drag and excessive over-commitment. The fund reported investments in money market funds and CDs (i.e cash equivalents that reduce overall investment returns, creating cash drag) amounting to 28% of NAV as of March 31, 2018. The same fund as of March 31, 2019 and September 30, 2019 was excessively over-committed, reporting unfunded commitments of $732M and $729M, 472% and 789% of the fund’s liquid assets available at those respective times to meet unfunded commitments. As of Sept. 30, 2020 this fund had unfunded commitments of $505M, 952% of the fund’s $53M in net liquid assets.
Over-commitment introduces the risk that a fund may be forced to sell illiquid assets under duress, or default in response to receiving a capital call in an amount greater than its available liquid assets. Some funds without adequate liquid assets may seek to respond to capital calls by borrowing (if able), thus increasing leverage on an asset class that is already levered 5x-8x and significantly increasing the fund’s operational complexity due to the collateral requirements engendered by borrowing.

Articles

Press

Founder

Founder

Ken McGuire has over 25 years of alternative investment experience, starting with his tenure at Commodities Corporation, a firm that launched the careers of many notable hedge fund investors.

Subsequently, Ken served as the Co-Head of Operations, Finance and Technology, Chairman of the Operations Committee, and a member of the Management Policy Committee for Goldman Sachs’ Hedge Fund Strategies group.

More recently, Ken was President and Chief Operating Officer of Altegris, where he was a member of the Investment Committee and led the launch of innovative alternative investment products used by investors having a wide range of wealth levels and investment objectives.

Ken founded Aditum Alternatives in 2017.

Content

Contact

Phone :

(760) 978 6621

Email :

hello@AditumAlts.com

Address :

PO Box 9680
Rancho Santa Fe, Ca 92067