Ashton Global is an emerging manager platform that specializes in niche investment strategies related to small-cap stocks and special situations. https://www.ashtonglobal.com/ https://www.linkedin.com/company/ashton-global-llc

1. The Premier Emerging Manager Platform
Ashton Global Funds

2. African Frontiers Fund

3. African Frontiers Fund
A multi-strategy framework is used to identify
undervalued, income generating, niche investments in
East Africa
The Africa Frontiers Fund is a portfolio managed by Joel
Mwaura and is focused on East Africa with a special
interest in Kenya
Niche investment opportunities at attractive valuations,
with a moderate level of risk
Liquidity and capital safety will be of paramount importance

4. African Frontiers Fund
Investments in listed equities, fixed income securities
(government bonds), and makes private debt and
equity investments to companies operating in Kenya
Diversified across asset classes with public equities,
government bonds and real estate assets comprising the
largest holdings
Will also target government privatizations and event-
driven special situations

5. Healthcare Focused Real Estate
Ashton Global Medical Offices Fund I

6. Ashton Global Medical Offices Fund I
Private real estate fund specializing in medical facilities
in the Baltimore and Washington DC metropolitan areas
Targets single-tenant buildings leased to leading
hospitals, universities, government agencies, and
healthcare companies
The fund will also target multi-tenant buildings related to
doctors, dentists, and hospitals close to Johns Hopkins
University and the National Institute of Health

7. Ashton Global Medical Offices Fund I
A private real estate fund specializing in medical facilities
in the Baltimore and Washington DC metropolitan areas.
Portfolio managers will create value in four main areas:
1. Improvements to building systems which lower costs,
optimize energy efficiency and have rapid payback
periods
2. Deployment of technology to improve productivity and
operational efficiency
3. Expanding the breadth of services at the facilities
4. Rationalizing operations with lower profitability

8. Ashton Global Medical Offices Fund I
Types of Properties We Seek To Acquire:
 Property values between $5 million and $25 million
 Cap rates above 9.5%
 Three years of operating history with verifiable tenant cash
flows
 Located in areas with favorable demographics
 Properties that can benefit from tax-free zones or tax credits
 Assets being sold as part of litigation or restructurings

9. “As long as the REITs are investing in quality assets with strong
operators, we think there are opportunities to profit in the senior
housing space.” - Moody’s
Healthcare REITs Have Performed Well in 2018

10. Ashton Global International Small-Cap

11. Ashton Global International Small-Cap
Proprietary screens and a global network are used to
identify niche, small-cap, and event driven
opportunities in international markets
With a focus on international markets, the portfolio
specializes in finding attractive small-cap companies that
are trading below adjusted book value, often in emerging
and frontier markets
Additional alpha is created through unique special situations

12. Ashton Global International Small-Cap
Strategy
Companies with strong financial positions that are trading below
book value
Capital structure analyses and in-depth intelligence of local
financial statements
Global network across Asia to identify unique special situations
Average investment holding period is two to three years

13. Ashton Global Litigation Finance

14. Ashton Global Litigation Finance
A global network of forensic accountants, fraud examiners,
and attorneys are used to source litigation-related
opportunities
Long-term uncorrelated returns for investors
Focused on identifying litigation finance-related investments that
offer significant upside with defined risk
Capital is provided in exchange for a portion of the recoveries tied
to various cases
Investments are supported by interests in legal recoveries and
settlements due to plaintiffs

15. Returns from litigation finance can be as high as 10x
Ashton Global Litigation Finance
Network of forensic accountants, fraud examiners, and attorneys to
generate alpha through litigation-related special situations
Scenario and probability analysis are used to size the portfolio’s
positions to provide a balance of income generation and capital
appreciation
Payouts from lawsuits bear no relation to interest-rate rises or stock
market swings
Average investment holding period is three to five years

16. Ashton Global Litigation Finance

17. Ashton Global Litigation Finance

18. The Premier Emerging Manager Platform
Ashton Global Funds