442 Capital Pty Ltd is an investment management company based in Melbourne, Australia. It manages the 442 Capital Emerging Companies Fund, investing in quality emerging companies listed in Australia and New Zealand. The Fund aims for long-term capital growth by focusing on companies with a competitive advantage and the capacity to grow earnings organically. The Fund adopts a long-only, benchmark-unaware investment approach, holding a portfolio of 20 to 25 stocks.
442 Capital manages the Emerging Companies Fund and charges a management fee of 1.35% per year of the fund's value. Additionally, there is a performance fee of 20% of returns above a 7% hurdle, provided the fund's performance exceeds its previous high-water mark.