Westgate Capital Management

Contact

Rachel Thompson

Contact Phone

345-749-8307

Contact Address

Cayman Islands

Sectors

Healthcare
Energy
Financials
Technology
Industrials
Consumer

A focused, fundamentals-driven investment opportunity targeting long-term capital appreciation through market inefficiencies.

Westgate Capital Management is a value-focused investment firm seeking to generate long-term capital appreciation by identifying structurally mispriced public equities. Through deep research, catalyst-driven investing, and disciplined risk management, the firm targets consistent alpha generation across market cycles.

Business Highlights

200M

in revenue

16%

annual return

Quarterly redemptions with 60-day notice 20–40 core portfolio positions 5% hurdle rate + high watermark 16% annualized historical returns

Fundraising Equity
Fundraising Debt
Share Class Info
Security Identifier
Company & Market Position
Investment Highlights
Legal & Compliance

Fundraising Equity

The Westgate Equity Opportunities Fund is designed for institutional and sophisticated investors seeking exposure to a focused, research-driven public equity strategy. We invest in companies where we believe the market has materially mispriced future outcomes—often due to structural changes, misunderstood catalysts, or temporary dislocations. The fund combines deep, bottom-up analysis with disciplined portfolio construction and risk oversight. Our goal is to deliver consistent, risk-adjusted returns while preserving capital during adverse market cycles.

$250,000,000

Target Raise

$250,000,000

Minimium Investment

Fund Name:: Westgate Equity Opportunities Fund
Fund Type:: Hedge Fund
Fund Manager:: Rachel Thompson, Managing Director, 15+ years in fundamental equity investing
Investment Type:: Equity
Use of Funds:: Capital will be deployed primarily into long equity positions supported by short exposure and hedging strategies. A portion will be reserved for opportunistic trading, liquidity reserves, and portfolio stress mitigation.
Investment Strategy:: Long/short equity investing focused on undervalued companies with near-term catalysts; supported by hedging and active risk management practices. The strategy emphasizes alpha generation from idiosyncratic positions rather than broad market trends.

Fundraising Debt

Issue Description:

7.5% Senior Secured Bonds Due 2035

Type of debt:

Bonds

Maturity Date:: 12/31/2035
Interest Rate:: 7.5%
Rate:: Fixed
Interest Payment Frequency:: Annual
Secured:: Secured

Company & Market Position

Westgate Capital Management is an independently owned investment management firm focused on generating consistent, risk-adjusted returns through a selective, high-conviction equity strategy. The firm targets publicly listed U.S. companies that are often overlooked or mispriced by broader markets—typically due to transitional events, limited analyst coverage, or investor behavioral inefficiencies. Our portfolio is constructed with an emphasis on downside protection, disciplined position sizing, and active risk controls, allowing us to capitalize on dislocations while maintaining flexibility across market environments. Westgate combines in-depth fundamental research with institutional-grade operational infrastructure and investor transparency.

Industries We Operate Within

Quarterly redemptions with 60-day notice 20–40 core portfolio positions 5% hurdle rate + high watermark 16% annualized historical returns

AUM:: $3 Billion
Historical Performance:: 16% annualized return since inception
Benchmark Comparison:: Outperformed S&P 500 by 200 bps over 5 years
Fund Risk Profile:: Moderate Risk, concentration-aware with downside protection strategy
Business Model:: Fee-based asset management; master-feeder structure with Cayman-domiciled feeder fund
Market Opportunity:: Significant inefficiencies in U.S. mid-cap equities driven by dislocations, management transitions, and under-followed sectors
Competitive Advantage:: Experienced investment team, proprietary idea sourcing framework, risk-adjusted return focus, strong alignment with LPs
Liquidity Terms:: Quarterly redemption with 60-day notice; 12-month lock-up period on initial capital

Share Class Information

Share Class Name

Class A

High Water Mark:: Yes
Hurdle Rate %:: 5
Launch Date:: 2025-08-01
First Nav Launch Date:: 2025-09-01
Launch Price:: 1000
Currency:: USD
Base Management Fee %:: 1.5

Share Class Currency

USD

Plcaement Fee %:: 0.5
Investor Share Class:: Institutional
Payment Share Class:: Accumulation
Dividend Frequency:: Semi-annual
Pricing Currency:: USD
Closed to New Investors:: No
UK reporting status:: No

Security Identifier

LEI Code:: 5493001KJTIIGC8Y9J26

MIC:: XCAY
Local ID Number Country:: KY
Local ID Number:: KY123456789

Investment Highlights

Consistent alpha generation: 16% annualized net return since inception

Key Growth Metrics

$1.5 Billion (estimated firm-level equity valuation)

Valuation

Targeting 3x gross return over 5-year horizon

Expected Returns

Traction

Supported by long-term capital commitments from global family offices, pension plans, and endowments. Portfolio has attracted attention from institutional consultants for its differentiated long/short approach and consistent outperformance relative to benchmarks.

Legal & Compliance

Westgate Capital Management operates as a Cayman Islands Exempted Company, regulated under the Mutual Funds Act. Legal matters are governed by Cayman Islands law. Investor questions or formal complaints may be directed to our investor relations team or addressed to our registered office through formal written correspondence. We aim to provide full transparency and timely resolution in line with international best practices.

Regulatory Disclosure

Any legal notices or restrictions

The fund is exempt from registration under the U.S. Investment Company Act of 1940 pursuant to Section 3(c)(1). Not currently registered with the SEC but may do so in the future as AUM thresholds are met.

Investor Eligibility

Who can invest in our business

Available to accredited investors only. U.S. investors must meet SEC standards under Regulation D. In the event of SEC registration, “qualified client” status will be required for performance-based fees.

Fees & Expenses

Management fees, perfromance fees, etc.

Management Fee: 1.5% annually Performance Allocation: 20% above a 5% hurdle High-water mark in effect Operating expenses capped at 0.50% of NAV annually

Tax Implications

Any legal notices or restrictions

The fund is structured as a foreign corporation for U.S. tax purposes. U.S. investors may receive taxable income even if not distributed. Tax-exempt entities should assess potential exposure to unrelated business taxable income (UBTI). All investors are encouraged to consult their tax advisors.