360 Global Unveils UCITS Fund

Jul 22 2011 | 1:12pm ET

New York-based 360 Global Capital has launched a UCITS III-compliant version of its flagship hedge fund.

The new HFR-360 Ucits Fund employs 360's equity long/short strategy for HFR Asset Management's UCITS platform, HFMWeek reports. The $40 million global fund employs quantitative risk management and is helmed by Stadia Capital co-founder Enrique Abeyta, who set up 360 four years ago.

The Dublin-domiciled fund features weekly liquidity with five days' notice and no lock-up period. It has a $1 million minimum investment requirement and charges 2% for management and 20% for performance.

Abeyta founded 360 in 2007 after six years at Stadia, where he served as chief risk officer, chief marketing officer and portfolio manager.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of