Jabre To Launch UCITS Fund Next Week

Aug 12 2010 | 1:10pm ET

Former GLG Partners star trader Philippe Jabre is jumping on the UCITS III bandwagon.

Jabre’s firm, Jabre Capital Management, is set to launch a long-only UCITS-compliant version of its hedge fund equity strategy next week. The new Jabcap (Lux) Global Balanced Fund will be domiciled in Luxembourg.

The new fund is set to launch on Monday, Citywire reports.

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