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

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

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

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of