|
|
New India FoF launched
New York and Mumbai-based RAS Capital Management has launched a fund of
funds providing a multi-manager approach to investing in multiple asset
classes in India. While the RAS India Fund-of-Funds is long-biased to
capture the fundamental growth opportunities, the firm maintains it is
important to manage the volatility and risk associated with the Indian
market. According to RAS, the India Fund-of-Funds has been structured to
capture significant growth while reducing substantial volatility through a
combination of strategies and the selection of the best India-focused
managers based around the world within each strategy.
Its multi-strategy approach combines fundamental long/short equity, PIPES,
event/ risk arbitrage, multi-strategy arbitrage and distressed debt. The
fund allocates to 9-12 underlying mangers with a target net return of 18-20%
at a standard deviation of only half of the NIFTY / MSCI India indices. Key
personnel include Rohit Aggarwal, a former executive director with
Oppenheimer & Co. (New York), Robert Rahbari, a former director and Chief
Compliance Officer at Ferro Capital LLC, New York and Anand Sekaran, founder
and portfolio manager of Wasson Capital Advisors, New York. Corporate website: www.rascm.com
Sextant caps water fund at EUR250m , to launch new hedge fund next month
From Finalternatives.com: Toronto-based Sextant Capital Management is ...................... To view our full article Click here
|
|
RSS
