We followed EGP Capital for about two years before we started our investment. By then, the fund was up almost 100%. As working musicians, we value every dollar and of all our managed funds, we feel most comfortable about our investment with EGP. Tony has a cool head and a unique perspective, two things that can be hard to come by in an investment manager.

We have a significant portion of our personal wealth invested with EGP Capital.

Since our initial investment with the fund, EGP No. 1 has been one of the best performing investments in our portfolio.

In addition to a strong focus on finding value opportunities, I am convinced this strong performance comes down to some of the things that EGP Capital do differently:

1. Alignment - The investment manager has a significant portion of their personal wealth invested in the fund.

So when the fund performs well (or poorly) no one feels it more acutely than the investment manager.

2. Fee structure – EGP Capital is the only fund manager I know who charges a Performance Fee only.

So if they do not exceed the benchmark, they work for free.

3. High Benchmark – EGP Capital is the only fund manager I know that tracks a tax adjusted total returns benchmark.

Other fund managers track a total returns index without adjustment for tax.

This gives them at least a 1% head start per annum while offering no value in return.

As someone with a lifetime spent working in the financial services industry, I’m always on the lookout for people doing something different, new or interesting.

When I came across EGP Capital, I had the sense that the operating model was an excellent structure for a boutique fund manager,

with low operating costs and the purely ‘fee for performance’ structure, with the fund manager’s entire investable assets invested alongside me.

EGP Capital has a record stretching over five years of strong, above-market performance with minimal correlation to market movement

and I’m happy to have some of my capital invested in this unique vehicle that I hope to see smaller fund managers adopt.