Monday, 27 March 2017
Last updated 2 days ago
Jun 27 2011 | 10:38am ET
ML Capital will add a fourth fund to its MontLake UCITS Platform as of August 1: the Skyline UCITS fund.
Skyline, a global long/short equity fund focusing on emerging markets, will be managed by the team at Skyline Capital Management, including portfolio manager Geoff Bamber.
ML expects the launch to be the largest to date, with over $25 million already committed.
John Lowry, chairman of ML Capital, said “By offering a focused range of leading absolute return products in an acceptable format, as well as the best market intelligence and distribution services, the Skyline UCITS joint venture is an important step forward in our effort to building the leading independent UCITS platform in the marketplace.”
Vernon West, CEO of Skyline Capital Management, said “We are delighted to be launching our UCITS fund on the MontLake platform. Our focus on investing in liquid emerging markets companies is a natural fit for the UCITS format, and we have invested significantly in our infrastructure to maximize our operational strength in advance of launch.”
Malta-based ML Capital hopes to count eight funds on the MontLake platform by end-2011.