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Man launches long/short equity fund of hedge funds

Monday, October 10, 2011
Opalesque Industry Update - Man, one of the world’s largest listed hedge fund providers, today announced the launch of Man Long Short Fund, a new long/short equity fund of hedge funds with scheduled monthly liquidity in a Registered Investment Company format. Man Investments (USA) LLC serves as the Fund’s investment adviser and is part of Man’s Multi-Manager Business which has approximately $12.7 billion in funds under management globally as of September 30, 2011.

Man Long Short Fund, available only to the high net worth clients of the top-tier broker dealers and advisers with an investment minimum of $50,000, provides a transparent and liquid way to access up to 30 leading long/short equity managers in a diversified portfolio. The Fund will allocate to managers in the U.S., Europe, Asia and Emerging Markets. Investors will receive scheduled monthly liquidity and 1099 tax reporting.

Source

Press release

bc

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