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: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note