Executive Director of Lonsec Research, Lorraine Robinson, said “Over the past 18 months, we have seen the growth in demand for funds issued under an Information Memorandum and wanted to offer Advisers and Investors an additional way of assessing these funds with a Lonsec rating.”

The first three Information Memorandum funds to be rated by Lonsec are the Acorn Capital Micro Opportunities Fund, the Acorn Capital NextGen Resources Fund and the Sandon Capital Activist Fund.

Dan McAleer, Head of Business Development at Acorn Capital said ”We partnered with Lonsec as their qualitative approach, expertise and knowledge of our firm makes them well placed to rate these new products we have bought to market via an IM structure”

Gabriel Radzyminski, Managing Director & Chief Investment Officer from Sandon Capital commented “Working with the Lonsec team throughout the rating process allowed us to see up close why they are known for the quality and breadth of their research.”

Lorraine Robinson continued “Lonsec has a long history of rating funds, and we were able to adapt our processes to suit the information memorandum issuance requirements, with additional focus on the operational capabilities of providers.”

Lonsec sees pent up demand for the rating of these products, targeting sophisticated investors, with the growth of smaller institutional managers and global managers bypassing retail investors and concentrating on wholesale investors and family offices.

Lonsec has a strong pipeline of clients offering funds issued under an Information Memorandum in Australian and Global equities and Alternatives.

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