Hearts and Minds Investments Limited, Corporate Advisor
Seed Partnerships is proud to be working with Hearts and Minds Investments Limited (HM1), a proposed philanthropic Listed Investment Company seeking to raise up to $500m in an IPO. Seed Partnerships is responsible for managing the Offer including appointing and co-ordinating the Brokers to the Offer, assisting in engaging Service Providers, organising the investor roadshows, and with marketing and communication plans. Seed Partnerships has also agreed to assist with the post Offer marketing, distribution, communication and management of the Company. Seed Partnerships is providing all these services on a pro bono basis.
HM1 has been established with the combined objectives of providing a concentrated global equities portfolio of the highest conviction ideas from leading Australian fund managers, while also supporting Australian medical research institutes. The portfolio will be constructed with 40% of the Portfolio held in approximately 10 Securities based on the annual recommendations of Fund Managers who present at the Sohn Hearts and Minds Investment Conference, and 60% of the Portfolio will be held in 15 Securities based on the “house” recommendations from five leading Fund Managers (Caledonia, Cooper Investors, Magellan Asset Management, Paradice Investment Management and Regal Funds Management).
The Company will forego any investment fees and instead will apply a Donation Amount to the Designated Charities every six months. The Donation Amount will be equal to 1.5% (plus GST) per annum of the average monthly NTA for the previous half-year. In addition to the Donation Amount, the Company, Fund Managers and a number of the key Service Providers will forgo fees they would normally charge in relation to services provided to the Company.
For more information on HM1, please visit http://www.heartsandmindsinvestments.com.au/