Sat, Oct 25, 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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t