Alken To Soft-Close Europe Fund

Mar 17 2014 | 3:48am ET

Alken Asset Management is set to soft-close its Absolute Return Europe Fund.

The €2 billion fund will soft-close on March 19, Citywire Global reports. Current shareholders will have their investments limited to €500,000 per account per day.

The fund, managed by Nicolas Walewski, has recently enjoyed significant inflows. Alken soft-closed Walewski’s European small-cap fund last year.

“The team at Alken are committed to sustainable and controllable growth of our funds,” Alisdair Bell, Alken’s sales director, told Citywire. “This is for the protection of our investors as well as the performance of our funds.”


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...