Ashbourne

Capital

Independent Hedge Fund & Alternative Investment Advisory

For Professional Investors Only

Rigorous manager selection. Disciplined due diligence. Direct access to alternative investment strategies unavailable through conventional channels.

$20M-$2BAUM Range Covered

8Strategy Categories

6Global Regions

About

A disciplined
approach to
exceptional access

Hedge FundsLong-OnlyAlternativesAdvisory

Ashbourne Capital is an independent hedge fund and specialist alternative investment advisory, focused on identifying and assessing exceptional fund managers across the alternative and long-only investment universe.

We provide high-net-worth and institutional investors with access to investment opportunities typically unavailable through traditional channels - managers operating below the institutional radar, running concentrated and conviction-led strategies where genuine skill commands genuine returns.

Our process combines rigorous quantitative and qualitative due diligence with established, on-the-ground relationships. We facilitate direct engagement between investors and fund principals, and deliver research-backed recommendations supported by independent analysis unconstrained by distribution incentives.

The foundation of our investment selection is grounded in investment skill, process robustness, and the quality of risk management - not headline performance alone. Our approach consistently prioritises strong risk management and low-correlation strategies that deliver long-term value through superior risk-adjusted returns.

Our Edge

Where conviction meets careful selection

The alternative investment landscape rewards those who look beyond the consensus. Ashbourne Capital maintains a selective, research-driven universe - built around managers whose edge is repeatable, verifiable, and genuinely differentiated.

We believe that access is only valuable when it is supported by rigorous independent analysis. Our role is to bridge that gap for investors who demand more from their alternatives allocation.

Ashbourne Capital - alternative investment advisory

Why Ashbourne

Independent. Research-led. Conviction-driven.

Sub-institutional sourcing

We systematically identify managers operating below the institutional radar - where performance persistence is stronger and investor capacity is finite. This access is built on relationships, not databases.

Risk-adjusted focus

We evaluate every manager through the lens of risk-adjusted return and downside resilience. Headline performance in isolation is never sufficient - we require robust risk frameworks, clear drawdown controls, and consistent process discipline.

Direct principal access

We facilitate direct engagement between investors and fund principals, providing access to managers, investment discussions, and operational insight that complements internal investment team capabilities.

Global coverage

Our sourcing network spans North America, Europe, Asia-Pacific, Emerging Markets, Africa, and Global strategies, enabling informed access across a broad opportunity set while remaining selective at the manager level.

Coverage

Global reach,
local insight

We access managers across six global regions, spanning a broad range of market environments, regulatory frameworks, and investment styles. Coverage extends from institutional strategies to highly specialist managers managing $20M-$2B in assets under management.

AUM Range - Managers Reviewed

$20M - $2 Billion

USD. Across all strategy types and geographies.

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Region overview

North America

Coverage includes North American managers across equity long-short, macro, credit, convertibles, and specialist alternatives, with a focus on differentiated processes and institutional-grade operating standards.

Equity LSMacroCredit

Investment Universe

Investment Set

Ashbourne Capital covers eight core hedge fund strategy categories across the alternative investment universe. Each represents a distinct return profile, risk characteristic, and market opportunity. Click any strategy to learn more.

Long/Short Equity

Fundamental equity strategies balancing long and short exposure to seek asymmetric returns with controlled net market risk.

Often used to express stock selection skill, sector views, and factor-neutral positioning across liquid equity universes. The best managers in this space demonstrate consistent alpha on both sides of the book, supported by a disciplined risk framework that limits unintended factor exposure and correlation to broad markets.

Capital Structure Arbitrage

Relative value across equity, credit, and hybrid securities within the same issuer - exploiting mispricing between layers of a company's capital structure.

This strategy can benefit from event-driven dislocations, balance-sheet complexity, and shifts in market consensus around a business. It requires a nuanced understanding of both credit and equity dynamics, with careful attention to liquidity, timing, and the triggers that drive convergence of value.

Global Macro

Macro-driven positioning across rates, FX, equities, and commodities, informed by top-down views on growth, inflation, and policy.

This style can be highly flexible and is often valued for meaningful diversification when market regimes change quickly. We look for managers who combine robust macro frameworks with disciplined execution and clear risk budgeting.

Real Estate Long/Short

Public real estate and property-linked securities approached through a long/short framework to isolate mispricing and sector dispersion.

This strategy offers a cleaner expression of real estate alpha than directional property exposure alone, with the ability to benefit from sector rotation, capital allocation inefficiencies, and valuation dislocations across REITs and listed property vehicles globally.

Commodities

Directional and relative value exposure across energy, metals, and agricultural markets, shaped by supply, demand, and policy dynamics.

Commodity strategies can offer strong diversification characteristics when inflation or geopolitical factors reprice physical markets. We favour managers with deep commodity-specific expertise and access to physical market intelligence as well as financial markets.

Emerging Markets

Specialist exposure to mispriced opportunities across developing economies, where dispersion, policy change, and liquidity dynamics create alpha.

The opportunity set spans equities, credit, and macro-linked trades across a wide range of country and sector outcomes. We look for managers with genuine on-the-ground presence and a disciplined approach to currency risk, liquidity management, and political risk.

Public Debt Long/Short

Flexible positioning across sovereign, corporate, and structured credit instruments, with the ability to express relative value and downside protection.

This approach can be especially effective when liquidity, spreads, or policy expectations create uneven pricing across fixed income markets. We seek managers who combine a strong credit analytical framework with a clear view on the macro environment.

Convertibles

Hybrid security investing focused on convexity, valuation dislocations, and the embedded optionality within convertible instruments.

Convertible managers blend equity sensitivity with credit awareness, creating a differentiated return profile across market conditions. The best in this space understand the nuanced interplay between gamma, credit spread, equity volatility, and issuer behaviour.

Ashbourne Capital - diligence and process

Our
Process

A structured, three-stage framework built for conviction - from initial sourcing through to ongoing monitoring and engagement.

Comprehensive Sourcing Network

Ashbourne Capital leverages established sourcing relationships and infrastructure to access a diverse range of differentiated managers and niche investment strategies worldwide. Initial screening employs quantitative criteria - track record, risk-adjusted ratios, and assets under management - to identify opportunities that meet rigorous performance standards and genuinely enhance portfolio diversification.

Track RecordScreeningDiversification

Quantitative Due Diligence

Detailed examination of historical performance metrics including returns, volatility, drawdowns, and recovery periods. Risk-adjusted measures - Sharpe, Sortino, Calmar, Omega - are analysed alongside upside and downside capture statistics to assess the efficiency and resilience of each strategy. Further evaluation includes factor attribution, style consistency analysis, and stress testing across different market environments.

Sharpe / SortinoDrawdown AnalysisStress TestingFactor Attribution

III

Qualitative Due Diligence

Comprehensive review of the investment team's expertise, governance structures, operational capabilities, compliance adherence, and fee arrangements. Reference checks and background screening assess key personnel integrity and reliability. Direct meetings with managers provide critical insight into investment philosophy, process discipline, and capacity constraints - while operational infrastructure and service provider assessments confirm institutional-level standards of control and oversight.

Team AssessmentGovernanceOperational DDReference Checks

Partnership

Supported by established relationships

Ashbourne Capital operates in partnership with AlphaWealth and Alpha Private Capital, drawing on their combined experience, sourcing infrastructure, and global relationships to support the depth and quality of our investment advisory process.

Get in Touch

Start a
conversation

We welcome enquiries from institutional investors, family offices, and qualified high-net-worth individuals seeking independent guidance on alternative investment access.

Direct emailwilliamhr@ashbournecap.com

RegulatedFor professional investors and investment professionals only