Saturday, 10 October 2015
Last updated 4 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.”
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…