Zebra Launches Fund For Permal, Plans Own Offering

May 21 2010 | 9:47am ET

Zebra Capital Management is showing its stripes with a pair of launches.

The Milford, Conn.-based fund is managing a $23 million global long/short equity separate account for fund of hedge funds Permal Group. That vehicle began trading on Monday, Pensions & Investments reports, using a long/short version of Zebra’s earnings-based global liquidity strategy.

Next month, the firm plans to launch a commingled version of that strategy. The new hedge fund will debut on June 1 with between $10 million and $15 million in seed capital.

The Permal fund is aimed at European and Asian investors, and its UCITS III-compliant.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...