Hedge Fund Launches Hybrid Private Equity Vehicle

Mar 12 2008 | 10:35am ET

Global multi-strategy hedge fund shop Lionhart is taking on private equity investments with its latest offering, a hybrid private equity fund. 

The new vehicle, dubbed the Lionhart Talon Private Equity Fund, is a Cayman-based master-feeder fund featuring nine segregated portfolios permitting investors to choose from a smorgasbord of private equity investments.

Within the fund, investors can choose from blended investments; minerals, mining and natural resources; property development; energy investments; alternative energy and environmental products; technology offerings; mezzanine and bridge financing; ethical investments; or Sharia compliant investments. 

Unlike traditional p.e. funds, Lionhart Talon will operate as an open-ended investment fund with monthly subscriptions and liquidity permitted between three and five years, depending on the share class that the investor holds. And rather than relying on capital calls to make new investments, Lionhart Talon will accept full payment from investors at the time of subscription and deploy those assets toward liquid investments.

Lionhart, which recently opened an office in New York, was founded in 1993 by Terry Duffy and currently manages more than $850 million globally across several strategies and funds.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

New customer protection rules have landed: Are you ready?

The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.