Insparo Ditches Two-Year Lockup

Feb 16 2010 | 3:40am ET

Another hedge fund is bowing to investor pressure and easing its redemption policy.

Insparo Asset Management is doing away with its two-year lockup. The firm’s multi-strategy Africa and Middle East fund will now feature a staggered one-year redemption schedule.

“While many managers have remodeled their structure to deter or prevent redemptions, we have made it easier for investors to withdraw if they wish,” Mohammed Hanif, chief investment officer, said. “We’re confident that the only true deterrent to redemptions is high returns.”

Insparo said it had not received early redemption requests. The firm has about US$165 million in assets under management.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note