Abbey Capital, the Irish owned alternative investment manager, has taken its global macro multi-manager fund passed the USD100m milestone.
The Abbey Capital Macro Fund, which reached its two year track record in October this year, recently moved to weekly liquidity.
The fund currently allocates to eight underlying managers exclusively via managed accounts, giving Abbey Capital full transparency on all underlying positions.
Tony Gannon, Abbey Capital’s chief executive and founder, says: “Reaching USD100m for the Abbey Capital Macro Fund is very encouraging and demonstrates the demand and appeal of a diversified and liquid approach to the global macro investment style. In addition to offering weekly dealing on the fund, there are no gates or lockups in the fund and this feature is of increasing importance to hedge fund investors in today’s environment”.
The fund combines a diverse blend of global macro trading styles and gives exposure to a wide range of sectors and markets.