Epe Special Opp Regulatory News (ESO)

EPE Special Opportunities Limited

Investment

EPE Special Opportunities Limited ("ESO" or the "Company") is pleased to announce that on 1 September 2020 it completed a £1.9 million investment in Atlantic Credit Opportunities Fund ("ACOF"), satisfied by cash payment.

ACOF is a commingled distressed credit fund targeting a gross annual return of 10-12%. The Company's investment in ACOF will provide ESO with the opportunity to generate uncorrelated returns through exposure to the significant dislocations in credit markets caused by the COVID-19 pandemic. ACOF will also continue to invest in idiosyncratic situations which have nothing to do with the pandemic.

EPIC Private Equity LLP ("EPE"), the investment advisor to the Company and a related party, has undertaken, subject to regulatory approval, to acquire a controlling interest in Atlantic Capital Management Limited ("ACML"), the investment manager of ACOF.

The Company will hold its investment in ACOF through ESO Alternative Investments LP ("ESO AI LP"). ESO will not pay any management or performance fees to ACML.

ESO is the sole investor in ESO AI LP, a vehicle which holds the Company's primary and secondary fund investments. ESO AI LP's acquisition will diversify the Company's asset class exposure, in line with the Company's stated investment strategy.

The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.

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