Fauchier Latest To Consider Listed Hedge Fund Share Sale

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.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...