Mon, Oct 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Zurich hedge fund manager launches event driven fund to seize opportunity set in UK micro cap

Wednesday, January 22, 2014

amb
Christian Benz
Benedicte Gravrand, Opalesque Geneva:

ISPartners, a hedge fund manager based in Zurich, launched the Helium Rising Stars Fund on Monday. It is follow-on venture of the Helium Special Situations Fund, an £80m ($131m) single manager hedge fund focusing on UK long-bias small and micro caps, launched on 30th July 2006. The fund returned 33% last year (and 380% since inception).

The Helium Rising Stars Fund, a Cayman-domiciled fund, will invest in quoted small companies and up to 30% of NAV in private equity type of investments, predominantly pre-IPO situation (with less that 24 months to listing), public-to-private transactions and private placements. Its focus will be on UK companies with a market cap of less that £50m across all sectors excluding mining and natural resources.

This event driven fund "with an identifiable soft or hard catalyst" will be a concentrated portfolio of around 15 holdings, with long-only bets and the ability to hedge systematic risks. According to data provider Hedge Fund Research, event driven funds returned 12.48% in 2013 and 10.62% in the last five years.

The fund will be co-managed by David Newton and Christian Benz. They also run the special sits fund.

"The opportunity set in the UK ......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundtable: Where are all the good ESG hedge funds?[more]

    Benedicte Gravrand, Opalesque Geneva: What are the benefits of sustainable investing? Many pension funds look to focus on that angle to reflect their company’s good governance, but face many challenges while doing that. A portfolio manager at Univest, a large Dutch pension fund, discusses this is

  2. Bill Gross gives his first investment outlook for Janus fund[more]

    Bill Gross strikes a gloomy tone in his first note to investors at his new gig at Janus Capital. Bill Gross, the renowned bond fund manger, struck a pessimistic chord in his first note to investors at his new gig at Janus Capital. His notes, usually full of silly commentary and upbeat advice, took a

  3. Investing - Big investors move to shore up Fannie, Freddie trade, Two hedge funds eye $1bn support to Sahara to secure Subrata Roy's release[more]

    Big investors move to shore up Fannie, Freddie trade From Forbes.com: Two of the nation’s most prominent investors who have been leading the charge to make a big score out of the shares of Fannie Mae and Freddie Mac moved on Friday to shore up shares of the mortgage giants that plunged r

  4. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  5. Swiss insurance investment manager opens office in insurance traders' Mecca; London[more]

    Benedicte Gravrand, Opalesque Geneva: Twelve Capital, a swiss manager focused on insurance related investments, was authorised by the UK's Financial Conduct Authority (FCA) as a MiFID investment firm on October 1st and opened its new London office. "In an effort to enhance its investment