06.08.2010 - Opalesque Exclusive: Reech Aim to launch UCITS version of Iceberg Real Estate Hedge Fund
From the Opalesque team: Opalesque has learned that Reech Aim Partners LLP just got the approval by the CSSF - Luxembourg Regulators - to launch a UCITS III onshore version of the Iceberg Real Estate Hedge Fund. The firm is following a general trend amongst hedge funders, as indeed it seems that most are launching onshore, mutual fund-like versions of their riskier and less regulated offshore funds. This is happening ahead of impending tougher European Union regulations, which should normally not affect the UCITS structure..............................................Full Article: Source
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