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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...