Friday, 25 July 2014
Last updated 6 hours ago
Jul 29 2010 | 12:19pm ET
Nascent hedge fund firm Skyline Capital Management is having a soft launch of its maiden hedge fund in November.
The firm—which is still awaiting Financial Services Authority approval—has already raised US$15 million for the vehicle, a global long/short equity fund with a big emerging markets portfolio, HFMWeek reports. The London-based firm expects to scale up to between US$50 million and US$100 million during the first year.
Skyline’s portfolio will focus on mid- and large-cap companies, listed in Western countries, but with significant ties to emerging markets. It will charge 2% for management and 20% for performance for its A share class, and 1.5% and 15% for its B share class. The fund will be registered in the Cayman Islands.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…