Wednesday, 27 July 2016
Last updated 11 hours ago
Oct 29 2007 | 11:53am ET
Now that things—especially of the subprime variety—have calmed down in the hedge fund world, listed vehicles seem to be falling over themselves to return to market.
The latest fund mulling a new share sale is Fauchier Partners’ Absolute Return Trust. In a note to the London Stock Exchange last week, London-based Fauchier said it was considering the new issuance to boost the £129 million (US$264.8 million) fund’s assets. The firm did not indicate how much it would seek to raise for the multi-strategy fund of funds.
This month, both Brevan Howard Asset Management and Thames River Capital have raised news funds for listed vehicles.