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Opalesque Exclusive: Swiss alternative investment manager Harcourt launched Belmont (Lux) Asset Based Lending fund on May 1st Harcourt Investment Consulting AG (Harcourt) announced the launch of Belmont (Lux) Asset Based Lending, a fund of funds invested in pure ABL strategies.

The Fund has been developed in close cooperation with IST Investmentstiftung für Personalvorsorge to cover the needs of a conservative institutional client segment, such as pension funds, by applying strict investment guidelines for the underlying funds (the use of derivatives and shorts is excluded; the use of leverage is limited to 10%).

With its broad diversification across multiple ABL sub-strategies, Belmont (Lux) Asset Based Lending offers a stable return profile with meaningless correlation to equity and fixed income markets. The fund’s targeted annualized return is Libor + 250 bps net of fees, with 2.5% annualized volatility. Risks are minimized through careful bottom-up manager selection and a top-down focus on strategies which should perform well in recessionary or expansionary environments.

For further information please contact: Margaret Gouthier, Marketing, Harcourt Investment Consulting AG Tel.: +41 44 365 1000 E-Mail: gouthier@harcourt.ch.

Harcourt AG is a global leading provider of alternative investment solutions for institutional investors. Founded in 1997, the company has its headquarters in Zurich with offices in New York, Hong Kong, ......................

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