AIS Garners Interest In C Shares

Feb 21 2007 | 10:51am ET

Alternative Investment Strategies has raised £101 million (US$197 million) for its C Class Sterling Hedged shares, set to begin trading on Feb. 22.

AIS currently has 30 hedge fund investments across nine different hedge fund strategies and five regions, and the new proceeds will be invested in existing and new hedge fund investment opportunities, according to the firm.
 
Alan Djanogly, head of investments for International Asset Management, the investment manager for AIS, said, “Interest in hedge fund investments continues to be increasingly popular and we are very excited to see that this issue has attracted demand from a wide range of both existing and new investors.”


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