KLS Athos Event Driven Fund launches on Kepler Liquid Strategies UCITS platform

Kepler Partners has successfully launched the KLS Athos Event Driven Fund on its Kepler Liquid Strategies UCITS platform, raising over USD70 million of external capital for this new alternative UCITS fund. 

The KLS platform now has six funds and assets under management of USD1.4 billion.

The KLS Athos Event Driven Fund is managed by Athos Capital Ltd from their offices in Hong Kong, and follows the firm’s flagship, equity-biased Asian event driven strategy. The strategy focuses on short- dated and liquid hard-catalyst events, with a significant weighting to Asia. The firm’s flagship fund, upon which the UCITS is based has generated annualised returns of 7.7 per cent with a 5.4 per cent volatility and a 1.2 per cent Sharpe ratio since its launch in 2012. Athos Capital was co-founded by its two principals, Matthew Moskey and Fred Schulte-Hillen in 2011 and the firm has assets under management in excess of $1bn.

Fred Schulte-Hillen, Principal and Portfolio Manager of Athos Capital Ltd, says: “The Athos Capital team is excited to extend our decade-old strategy into the UCITS space and to provide a unique event driven product to the important UCITS investor base. We are pleased to have found an exceptionally strong and complementary partner in Kepler and look forward to building on this successful launch together.”

The KLS UCITS platform was launched in 2016 and now has six sub-funds and total assets under management of USD1.4 billion.

Tom Trotter, Senior Partner and Head of Sales at Kepler, says: “We are delighted to have successfully launched the KLS Athos Event Driven Fund, our third fund launch during the COVID pandemic. It is great to have such a high-quality product now available in UCITS, and with Athos’ focus on Asia and the opportunities they are seeing there we feel this is an extremely complementary addition to the UCITS Event Driven space.”

Georg Reutter, Senior Partner and Head of Investments, adds: “We think now is an interesting time for Event Driven strategies and are delighted to be partnering with Athos to offer their strategy in a UCITS fund. They are an experienced team with a disciplined process and a great track record. In line with our objective to partner with best in class fund managers and bring interesting ideas into UCITS, we are delighted to have the KLS Athos Event Driven UCITS as the sixth fund on our platform.”