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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...