Friday, 29 April 2016
Last updated 9 hours ago
Feb 19 2008 | 2:03pm ET
Liongate Capital Management, the US$1.7 billion U.K.-based fund of hedge funds shop, last month launched the Liongate Multi-Strategy Fund Enhanced (2X) Feeder, 100% levered version of the firm’s flagship Multi-Strat Fund.
The feeder launched with US$25 million of initial capital and its capacity will be limited, with an additional US$50 million available for March investment, according to the firm.
The feeder returned 1.14% in its first month of trading and its $1.48 billion multi-strat predecessor returned 0.83% last month and 17.71% last year. It fund charges a US$1 million minimum investment requirement.