The Caritas Royalty Fund has successfully navigated through the turbulent oil & natural gas markets, generating a +30% net return for investors in 2014.
Managed by Cornerstone Acquisition & Management Company LLC, the Caritas Royalty Fund invests in private oil and natural gas assets throughout the Continental US.
“We divested certain assets just prior to the oil price decline, locking in a material gain and maximising investor returns in a very difficult commodity price environment,” says Derren Geiger, Portfolio Manager of the Caritas Royalty Fund. “The recent price slide is beneficial for us moving forward as we have the ability to deploy capital toward attractive oil and natural gas assets at a much lower price threshold, significantly reducing downside risk exposure. It’s definitely a buyer’s market and we will be very active in the acquisition phase of our operations over the next few quarters.”
With a track record spanning over 10 years, the Caritas Royalty Fund has generated a +19% net annualised return since inception.
