Tuesday, 21 February 2017
Last updated 3 days ago
Jan 22 2008 | 2:30pm ET
London-based Laven Partners is prepping a best-ideas fund of boutique hedge funds for launch in March.
The fund, expected to be called Laven Funds Multi-Strategy, will invest in about 10 hedge funds with a focus on those with less than two years’ track record, Reuters reports. Jerome de Lavenere Lussan said Laven would focus on manager talent in picking funds for its portfolio.
The fund will include Hinde Capital’s gold fund, asset-backed lending specialist Vermont and some currency funds.
De Lavenere Lussan said the fund should launch with about US$50 million in assets on March 1.