CQS Plans Listed Hedge Fund Vehicle

Oct 18 2010 | 11:39am ET

CQS is dipping its toe into the publicly-listed waters, with plans to launch a hedge fund on the London Stock Exchange.

The US$7 billion firm's first listed vehicle will invest in the hedge fund's Diversified Fund, which itself invests in CQS's other hedge funds, the Financial Times reports. The Diversified Fund is up almost 22% this year after a 7.69% September surge, and has enjoyed a 10% annualized return since its debut in 2007.

CQS has yet to set a target amount to be raised by the share sale. RBS Hoare Govett will serve as bookrunner and is to begun gauging interest among investors this week.

The new fund will feature a provision that triggers a continuation vote if its shares trade at a discount of more than 5%.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note