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RMF completes GBP158m collateralised fund obligation for fund of hedge funds
From ProfessionalPensions.com: RMF Iinvestment Management has completed a EURO 235m (GBP158m) collateralised fund obligation in a bid to offer efficient leveraged access to its Four Seasons fund of hedge funds portfolio. The product type – pioneered by the hedge fund firm’s parent Man Investments – was launched in partnership with French investment bank Ixis and is the first of its kind from RMF. The RMF Four Seasons CFO issued five tranches of debt, and one of equity. The proceeds of this issue were invested in shares of RMF Four Seasons.
This allowed investors to either gain fives times leveraged exposure to the performance of the Four Seasons portfolio or, to buy rated, attractively priced bonds secured by a fund of hedge funds portfolio. Source
Opalesque Exclusive: Arbitrage specialist Da Vinci, 21.49% YTD, to launch new arbitrage fund
Da Vinci Invest Ltd. - incorporated in
2004 as a UK company and based in Zug, Switzerland, reports average net return of all managed accounts is 2.18%. YTD is 21,49% and cumulative return since July 2004 is 197,30%.
Da Vinci Invest Ltd. started offering period for its new Da Vinci Arbitrage Fund on September 8, 2006. As Investment Manager for the fund Da Vinci Invest Ltd. wants to continue success from the past. Primebroker is Fimat Internationa...................... To view our full article Click here
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