Litigation specialist and consulting firm Pravatio Capital has launched the Pravati Investment Fund V (Fund V) with USD200 million in capital commitments.
Launches & Fundraising
Alternative credit specialist CIFC has launched a long/short high yield UCITS fund managed by industry veteran Jason Horowitz, who has been running similar strategies successfully for over 10 years.
Pictet Asset Management, the investment management arm of the Geneva-headquartered wealth management giant Pictet Group, has unveiled a new market neutral global equity hedge fund which trades liquid US and European stocks, with a low correlation to broader equity markets.
Prime Capital AG, an independent asset manager and financial services provider that manages EUR17.2bn across multiple funds, has launched the Liquid Alternative Credit Fund.
R G Niederhoffer Capital Management, the New York-based quantitative trading advisor that employs a short-term contrarian investment strategy, has launched an alternative UCITS version of its flagship fund on Kepler Partners’ KLS UCITS platform. Kepler Liquid Strategies was established in 2016 and now has seven sub-funds with a combined AUM north of USD900 million.
BACCI Investment Solutions launches Global Equity UCITS fund on Prescient Global Funds ICAV platform
BACCI Investment Solutions, a discretionary financial services provider based in South Africa, has launched its inaugural Irish UCITS fund, the BACCI Global Equity Fund, on the Prescient Global Funds ICAV platform.
Multi-asset fund manager Fulcrum seizes on “fertile” market environment with two new hedge fund launches
Fulcrum Asset Management, the USD4.4 billion London-based multi-asset manager, is preparing to launch two new hedge fund strategies – an equity diversifier fund and a market neutral offering.
The London Derivatives Exchange (LDX) has selected exchange tech specialist Exberry to provide matching engine technology. The partnership will enable LDX to launch global markets and cover a wide spectrum of asset classes.
Union Bancaire Privée (UBP) has added a new long/short strategy to its alternative UCITS platform. Launched on 14 July 2020, U Access – Long/Short Japan Corporate Governance is a market-neutral and sector-neutral fund investing in Japanese equities and focusing on individual companies’ corporate governance.
BNP Paribas Asset Management has launched a long/short global equity hedge fund which will invest in companies grappling with looming environmental challenges, as interest in ESG (environmental, social and governance) themed hedge fund strategies continues to soar.