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Global Private Equity Funds

Hatteras Funds’ global private equity program offers financial advisors and their clients diversified exposure to institutional-quality private equity funds.  Each fund is diversified by:

Vintage year

Strategy
  • Venture capital
  • Buyouts
  • Distressed investments
Geography
  • Americas
  • Europe
  •  Asia

The funds opportunistically make direct co-investments, purchase secondary private equity fund interests, and purchase interests in listed private equity.

Asset allocation targets are determined utilizing a top-down view of global markets and specific investments are made through systematic analysis of private equity investment opportunities, including a thorough due diligence process.

The factors that are boosting global private investing include: large international economies outside of the United States, rapid economic growth outside of the United States, and diversification away from the mature United States’ market. Please contact Hatteras Funds or login to the website for more information on our global private equity program.

Hatteras Global Private Equity Partners Institutional, LLC is closed to new investors. This is not an offering to subscribe for interests in any fund and is intended for informational purposes only. An offering can only be made by delivery of the Confidential Private Placement Memorandum (the “PPM”) to “accredited investors” or “qualified clients” within the meaning of U.S. securities laws. Please carefully consider the investment objectives, risks, and charges and expenses of the Fund (as defined below) before investing. Please read the PPM carefully before investing as it contains important information on the investment objectives, composition, fees, charges and expenses, risks, suitability, and tax implications of investing in the Fund. Copies of the PPM may be obtained by contacting Hatteras at 866.388.6292. Private equity funds are speculative investments and are not suitable for all investors, nor do they represent a complete investment program. Please contact your financial advisor for additional information about alternative investments.

Hatteras Global Private Equity Partners Institutional, LLC (“the Fund”) is a limited liability company registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a non-diversified, closed-end management investment company. The Fund’s investment objective seeks attractive long-term capital appreciation by investing in a globally diversified portfolio of private equity investments. The Fund’s investments are expected to include: (i) primary and secondary investments in private equity funds managed by third-party managers; (ii) direct investments in the equity and/or debt of operating companies, frequently alongside professional lead investors; and (iii) listed private equity investments, such as business development companies. The Fund cannot guarantee that its investment objective will be achieved or that the Fund’s portfolio design and risk monitoring strategies will be successful. The Fund may be highly volatile, carries substantial fees, and involves complex tax structures. Investing in the Fund involves a high degree of risk. Investors should invest in the Fund only if they can sustain a complete loss of capital.

Key Risk Factors
The Fund invests substantially all of its assets in private equity investments that are generally not registered as investment companies under the 1940 Act and, therefore, the Fund does not have the benefit of various protections provided under the 1940 Act with respect to an investment in such private equity investments. Investments in the Fund involve a high degree of risk, including the complete loss of capital. The Fund provides limited liquidity, and units of the Fund are not transferable. General Risks, Special Risks and Investment-Related Risks of the Fund include, but are not limited to, Limited Operating History of the Fund, Limited Liquidity, Reporting Requirements, Non-Listed Status of Units, Non-Diversified Status, Legal, Tax and Regulatory Risks, Underlying Portfolio Funds Not Registered, Portfolio Funds Generally Non-Diversified, Valuation of Portfolio Funds, Multiple Levels of Fees and Expenses, Portfolio Fund Managers Invest Independently, Portfolio Fund Operations Not Transparent, Concentration of Investments, Derivative Instruments, Distressed Investments, Valuation of Illiquid Securities and Derivative Positions, Unspecified Investments, Leverage, Risks of Capital Call Failures, and Limited Selectivity of Investments.

The success of the Fund is highly dependent on the financial and managerial expertise of its principals and key personnel of the Fund’s investment managers. Although the investment managers for the Fund expect to receive detailed information from each private equity investment on a regular basis regarding its valuation, investment performance, and strategy, in most cases the investment managers have little or no means of independently verifying this information. The underlying private equity investments are not required to provide transparency with respect to their respective investments. By investing in the private equity investments indirectly through the Fund, investors will be subject to a dual layer of fees, both at the Fund and the underlying private equity fund levels. Certain private equity investments will not provide final Schedule K-1s for any fiscal year before April 15th of the following year. Members should therefore expect to obtain extensions of the filing dates for their income tax returns at the federal, state, and local levels.

Please see the PPM for a detailed discussion of the specific risks disclosed here and other important risks and considerations.

The foregoing risk factors do not purport to be a complete list or explanation of the risks involved in an investment in the Fund. Prospective investors should read the entire PPM and Limited Liability Company Agreement, and consult with their own advisors before deciding whether to invest in the Fund. In addition, as the Fund’s portfolio develops and changes over time, an investment in the Fund may be subject to additional and different risk factors.