A marked pick-up in activity in capital markets and fund flows gave the Orchard Gemini Fund, a pan-Asian equity fund, plenty of scope for investments in October, and the fund ended the month up 9.01%, taking year-to-date gains to 21.63%.
There was a packed calendar with plenty of capital markets activity throughout September and October. Gemini was active across the entire region, explains Orchard Capital Partners’ Stu Wilson.
The key to performance was the sizing of investments within the portfolio. A number of investments made in September came to fruition in October, Wilson explains.
The first eight months