Hejaz Private Equity Fund

The Hejaz Private Equity Fund (HPEF) is an investment fund that focuses on sectors with high growth potential and will seek to invest in various Shariah-compliant unlisted businesses.

Inception Date
May 2024
Fund Size
A$8.15 M
As at 31 Dec 2024
Target Return
CPI +10%
per annum
ABOUT FUND

Investing in potential, guided by Shariah principles

The Hejaz Private Equity Fund (HPEF) offers investors access to Shariah-compliant private market opportunities. Focused on unlisted businesses, the Fund seeks to deliver long-term value through strategic, Islamic investing.

Each opportunity undergoes a seven-step evaluation process, including in-depth financial analysis, valuation, and Investment Committee approval. Post-acquisition, investments are closely monitored through structured valuations to monitor ongoing performance and Shariah compliance.

<p><em>Investing in potential</em>, guided by Shariah principles</p><p><em>Investing in potential</em>, guided by Shariah principles</p>

Fund Features

Inception Date

May 2024

Management Fee

1.85% of the NAV of the Fund

Buy/Sell Spread

Nil

Entry/Exit Fee

Nil

Performance Fee

Nil

Min. Initial Investment

A$ 100,000.00

Fund Size* (AUD)

A$ 8.55 M

Unit Price** (AUD)

A$ 1.5825

Benchmark

CPI +10% per annum

Distributions

Determined by underlying investments

Investment Horizon 

3-5 Years

Shariah Ethical Standards

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

*    Fund size refers to fund Net Asset Value (NAV)
**  Unit Price refers to NAV Unit Price ex-distribution as of 31 March 2025

Fund Performance
As of 31 March 2025
3 Months
6 Months
9 Months
Since Inception 
HPEF
4.32%
59.48%
58.74%
58.25% 
Benchmark* 
2.12%
4.47% 
7.05%
9.51% 
Excess Return
2.20%
55.01% 
51.70%
48.74%

Notes:

  • Investment Objective (benchmark) is CPI Quarterly Trimmed Mean+ 10% per annum.
  • The Portfolio's inception date for performance calculation purposes is May 2024.
  • Total Net Return is the Fund return after the deduction of ongoing expenses based on the end of quarter NAV unit price assuming reinvestment of all distributions.
  • Performance greater than 1 year is annualized. 
  • Past performance is not a reliable indicator of future performance.

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