Chicago-based Blue Horizon Asset Management has launched the Blue Horizon Global Equity Fund, a long/short equity strategy with a focus on international equity markets. 

The fund’s portfolio includes companies that are internationally based, U.S. companies with the bulk of their operations or sales in overseas markets, or international companies that are listed on U.S. exchanges. The portfolio manager is Neal Goyal, chief investment officer, who currently overseas the firm’s two other long/short hedge funds.

“Due to the rapid pace of globalization, international companies offer a unique opportunity to participate in a variety of fast-growing economies,” he said. “Moreover, with the budding nature of several of these international markets, there are a vast number of opportunities to exploit dislocations and misconceptions in valuations.”