Saturday, 23 August 2014
Last updated 15 hours ago
Jul 23 2007 | 12:12pm ET
Black Pearl Capital has launched a Middle East and North Africa hedge fund, with target capital of US$250 million.
The Onyx MENA Fund, a Cayman Island-domiciled multi-strategy offering, will be managed by Black Pearl Capital, with the Client Advisory Group of Julius Baer as investment advisor and Merrill Lynch International the as prime broker.
The Onyx MENA Fund has the flexibility to invest in a wide range of instruments, including listed equities, debt securities, options, warrants, and other derivative instruments structured for the MENA markets, according to Black Pearl.
”Onyx MENA Fund will be a trendsetter,” said Eyad Mashal, executive director of Julius Baer CAG. “The Fund is one of the first absolute return/ hedge fund instruments focused on the MENA markets. We are excited to be investment advisors to Black Pearl Capital on this pioneering fund.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note