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From Komfie Manalo, Opalesque Asia:

Latin American focused independent investment manager Copernico Capital Partners announced the re-launch of its successful opportunistic fund, the Copernico Argentina Fund (CAF).

The original CAF was launched in Feb-2003, developed to be a fund with a limited lifecycle, the fund was launched after the devaluation of the Argentina peso to take advantage of recovery opportunities. Copernico closed the fund to new investors in 2004 because of capacity constraints and began returning money to investors in 2006 as the investment opportunities declined.

Copernico said due to emerging opportunities the firm is offering the fund again in order to repeat the success it achieved in the past through an opportunistic investment strategy that is focused on Argentine assets at a time of transition.

The company said in a statement: "The re-launched CAF aims to repeat the same single-country focused investment strategy, in this case with the intent of capturing the combination of favorable macroeconomic conditions affecting Argentina, attractive valuations and a catalyst for re-pricing provided by the changing political environment preceding the upcoming elections in 2011. The Fund will make both event driven and value oriented investments, using a combination of sovereign and corporate bonds, equities and currency trades."

The statement added that CAF was re-launched in......................

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