Thursday, 2 July 2015
Last updated 2 min ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…