AIP

October 08, 2013 12:40 ET

AIP Offshore Fund Continues to Outperform the Markets and Completes Interim Review by Auditors

TORONTO, ONTARIO--(Marketwired - Oct. 8, 2013) - AIP is pleased to announce the Global Macro Offshore Fund ("Fund") generated 84.6% from June 2012 through July 2013 as per the financial statements reviewed by the auditors, Rothstein Kass. These results outperformed the major indexes and were achieved against a backdrop of generationally low interest rates.

The Fund achieved, net of fees, total return of 72.3% for the trailing twelve month (TTM) period ending July 31, 2013 based on internal estimates.

The Fund's performance is mainly attributable to its investments in special situations, exposure to the European markets and $28 million received from the sale of a portfolio investment to $13 Billion U.S. based hedge fund.

Performance for the periods ending July 31, 2013:

Total Return
Since June 2012 Trailing 12 Month
S&P 500 26.27% 21.63%
S&P/TSX Composite index 9.19% 6.12%
AIP Global Macro Offshore Fund 84.60% 72.30%
Figure 1. Total Return for AIP Global Macro Offshore Fund versus Performance by major indexes
Source: Hedge Fund Intelligence (HFI) and Bloomberg

About AIP Global Macro Offshore Fund

AIP Global Macro Offshore Fund is a privately held global macro, multi-strategy hedge fund focused on tactical asset allocation across global markets, asset classes and financial instruments with no orientation bias. The executive team has a long-term track record of successful investing and over 70 years of combined industry experience.

About Rothstein Kass

Rothstein Kass is a premier professional services firm with over 1,000 professionals that provides accounting, advisory, auditing and tax services, and was ranked as the top firm in the accounting/auditing category in the second annual "U.S. Service Providers Rankings" published by Hedge Funds Review.

The above is for informational purposes only and is not, and under no circumstances shall be construed as, an offering of the Fund mentioned herein or any other securities or as investment advice. Funds are not guaranteed, their values change frequently and past performance may not be repeated. The Fund is not available to new investors.

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