Claire Barnes

AIMS manages various investment funds: Panah Fund, Phoenix Gold Fund Ltd., Apollo Asia Fund and Alwaha Fund Ltd. Panah Fund is an equity long-short fund with macro overlay focusing primarily on Asia to drive returns, with global macro hedges to protect on the downside. Phoenix Gold Fund seeks to participate in the rise of the gold price. The Fund invests primarily in listed securities of companies whose principal business is gold mining, or whose income is primarily derived from gold mining or gold mining royalty. Apollo Asia Fund focuses primarily on Asia, and despite a broad mandate has in practice invested unhedged and long-only since inception. The Alwaha Fund is a private equity fund which seeks to maximize long-term investment returns through capital appreciation and income.