ICEBERG Capital launches US equity hedge fund

ICBERG Capital, a company based in Abu Dhabi Global Market (ADGM) and regulated by the emirate's Financial Services Regulatory Authority (FSRA), has launched the ICEBERG Alpha Strategies Fund, a US long-short equities hedge fund with a target size of AED200 million (£44 million).

ICEBERG Capital says the new fund will be offered mainly to regional-based institutions and Ultra High Net Worth Individuals (UHNWI) who want access to the developed US markets via actively managed US-based portfolios comprised of leading US equities, ETFs, and derivatives. 

The fund's portfolio will mirror the investment manager's leading strategy and investment guidelines and its risk management framework.