Relative return · +137.0% since Feb 2022
Absolute return · +23.9% since Jan 2025
Time-weighted returns as of 9 October 2026 (absolute) and 31 August 2026 (relative), net of trading costs and gross of fees. Past performance is not a reliable indicator of future results.

GLACIER CAPITAL

ALTERNATIVE INVESTMENT FUND MANAGERS

Fast

Invest online in 1 to 3 working days. Your money back within 3 working days.

Transparent

A Luxembourg partnership. As a partner you vote on the annual accounts and can inspect the books.

Liquid

No lock-up period. Ask for your money back whenever you want.

Aligned

The manager invests his own money alongside yours and is the largest investor.

Private

You deal directly with the investment manager, not through a bank.

About us

Glacier Capital S.à r.l. is a Luxembourg private limited company acting as General Partner of Luxembourg special limited partnerships (sociétés en commandite spéciale) reserved for well-informed investors. Investors participate in the partnerships as Limited Partners.

Investment Policy

We run two distinct strategies. The absolute-return strategy seeks positive returns across derivatives, indices, equities, commodities and currencies, long and short, with low correlation to equity markets. Capital preservation comes first: shallow drawdowns, and no loss over any three-year investment horizon as the objective.

The relative-return strategy is long-only multi-asset, using the full instrument set except short selling. Its primary objective is to make money across the cycle — absolute gains first, index comparison second — with limited correlation sought through asset mix and tactical hedges.

Manager

The company is managed by Marc Daubenfeld, a Luxembourg-based investor and the manager of Glacier Capital S.à r.l., a CSSF-registered alternative investment fund manager (Article 3 AIFMD).

Follow Us

Follow the fund with your own login. It takes a minute, with no commitment and no call needed.

  • See everything: the track record, the letters to partners and our weekly update.
  • See how it works: investing and getting your money back are both done online, in a few clicks.
  • Stay personal: you would hold your share in your own name, and a person is always one call away.

What you receive as a partner

Your shares are entered in your own name in the Register of Partners. You receive a signed extract from the Register and a commemorative certificate. The examples below are specimens with an invented holder.

Extract from the Register of Partners (specimen)
Commemorative share certificate (specimen)

Click to enlarge. Title to shares is evidenced solely by the entry in the Register; the certificate is not a security.

Contact us

We are happy to hear from well-informed investors and partners.

+352 661 WEALTH (932 584)
44, Rue des Bruyères, L-1274 Howald, Luxembourg
Write to us

Opens your e-mail program with a short template already filled in.

Or write to info@glaciercapital.lu

Interested in the fund? Request your login to see the track record and receive the weekly update.