Tuesday, 27 January 2015
Last updated 45 min ago
Sep 17 2010 | 1:15am ET
Clareville Capital is throwing its hat into the UCITS III arena. The London-based firm is planning a regulation-friendly version of its flagship Pegasus Fund.
The new fund will be part of ML Capital’s Montlake Ucits platform, and will launch in early October. The Pegasus Ucits fund will employ the same U.K. long/short equity strategy as its predecessor, targeting annual returns of 12%, CityWire reports.
Like the existing Pegasus fund, the new fund will be managed by David Yarrow and Angus Donaldson. The current fund has £48 million in assets. It is down 4.7% this year.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…