Traxis To Launch UCITS Hedge Fund

Nov 24 2010 | 5:06am ET

Traxis Partners, the hedge fund led by former Morgan Stanley chief strategist Barton Biggs, is set to launch a UCITS III-compliant version of its flagship strategy.

Traxis will announce the new fund within weeks, Ucits Hedge reports. The new fund will be a part of Deutsche Bank's UCITS platform, Platinum, which also features UCITS funds from Paulson & Co. and Toscafund Asset Management.

New York-based Traxis has been mulling a UCITS fund since at least this summer. The regulation-friendly vehicles have raised more than US$100 billion.


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of