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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note