Tuesday, 16 September 2014
Last updated 9 hours ago
Aug 24 2010 | 11:23am ET
A three-year track record under its belt, Merrion Investment Managers aims to take its High Alpha Fund international.
Merrion plans to market the fund—which currently manages about €50 million for British and Irish institutional investors and high-net worth investors—to international institutions for the first time, although its focus will remain on local and European investors. The fund has returned 103% since its launch three years ago.
“The Merrion High Alpha Fund is designed with the capacity to generate high returns, while aiming to preserve capital,” Joe O’Dwyer, managing director, said. “It has delivered strong returns, during a period of considerable uncertainty within financial markets. It offers investors the absolute return profile of a hedge fund with the transparency and risk controls of a regulated qualifying investor fund” registered in Ireland.
The fund charges a 1.5% management fee and a 20% performance fee on returns over 7% per year. The minimum investment requirement is €250,000.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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