Thu, Jan 18, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Zadig Asset Management launches Ucits III fund

Thursday, February 10, 2011

Laurent Saglio
Opalesque Industry Update - Independent asset management company, Zadig Gestion (Luxembourg) S.A. has launched a new Luxembourg-based UCITS III long-only fund, called the Memnon Fund which will be advised by Zadig Asset Management LLP in London.

Laven Partners, the global consulting firm and Laven Legal Services, the specialist hedge fund law firm, advised Zadig Gestion and the Memnon Fund on the structuring and launch of the fund.

Memnon Fund launched on 1 February with USD125 million and additional commitments. The objective of the fund is to maximise long term capital growth by investing primarily in quoted equity listed on or dealt in regulated markets within Europe.

In order to achieve its investment objective, the fund will base its investments on fundamental research in the selection of individual securities for long positions. The fund will benefit from proprietary valuation models for each of its individual investments and the strategy will be reviewed frequently in light of discussions that will be had with the management of companies in which the fund invests or is considering investing.

Laurent Saglio, founding partner of Zadig will advise Zadig Gestion on the Memnon Fund, alongside Vincent Bourgeois who joined the team last month.

Pierre Philippon, managing partner of Zadig says: “After the financial crises of the last decade, today’s investors are looking for investment opportunities within a clear regulated framework. Memnon Fund is a regulated UCITS III product and we will apply the same hands-on bottom-up approach to investments that has made our other less regulated funds so successful. The launch process was well managed, with proactive and expert advice from Laven, which was key for our project and structure.”

Jerome de Lavenere Lussan, CEO, Laven Partners said: “The Zadig team is offering a great product to professional and retail investors alike and we believe they have the potential to provide very attractive returns in the long-term. The team at Zadig are highly experienced in both generating alpha and risk controls and we are very proud to have been able to assist them in the launch of this UCITS III product”.

More information available from www.zadigam.com

(press release)
bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  2. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  3. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  4. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager

  5. Comment - Seeding arrangements: Structure, approach, and the current market[more]

    From international law firm K&L Gates: Private fund growth has exploded over the last several years. While some areas are hotter than others, overall the industry has seen substantial growth. Existing managers have been able to launch larger funds and new managers have been able to successfully ente