Mayfair-based Heptagon Capital, a USD3.6billion asset management firm established in 2005 by ex-Morgan Stanley directors Eran Ben-Zour, Tarek Mooro and Fredrik Plyhr, has launched a ne
Mayfair-based Heptagon Capital, a USD3.6billion asset management firm established in 2005 by ex-Morgan Stanley directors Eran Ben-Zour, Tarek Mooro and Fredrik Plyhr, has launched a new UCITS-III compliant fund reported EUBankers.net this week. The Dublin-domiciled Helicon Fund offers daily liquidity in its USD share class and is to be managed by Arnaud Gandon and Alexander Gunz who together bring over 25 years’ experience trading equities. The fund will seek to deliver long-term absolute returns by investing in global equities, applying a hedging overlay to actively manage market exposure. Commenting on the launch of Helicon, the Heptagon partners said that it marks a “new and exciting development” for the firm. “The Fund helps broaden the suite of products available to investors at Heptagon and we feel that the approach taken by the Fund’s managers constitutes a clearly thought-out strategy that is differentiated and capable of delivering compelling returns,” they said. Arnaud, Heptagon’s CIO, was formerly Head of Global Equities at UBP where, from 2003, he managed over USD400million in assets. Fund manager Gunz began his career as an analyst at Hoare Govett before moving to Credit Suisse, where, between 2001 and 2004 he was a top-ranked analyst in European telecoms. His last position, before joining Heptagon this January, was with Edison Investment Research.
