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Sohail Malik Benedicte Gravrand, Opalesque Geneva for New Managers:

The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised $47m at launch and expect to run a total of about $100m this month, through acceleration capital and a managed account.

It is the only fund managed by Roxbury Asset Management (not to be confused with Roxbury Capital Management), a London-based independent asset manager founded in 2014 by Stephen Zinser, Sohail Malik and Douglas Shaw.

Sohail Malik used to co-manage the Special Situations Fund at European Credit Management (ECM) when ECM was part of Wells Fargo. Stephen Zinser was CIO and later CEO of ECM and one of its founders. Douglas Shaw, COO, worked at The Children's Investment Fund as well as BlackRock and Gartmore.

From the onset, the managers wanted to deliver the strategy in a UCITS wrapper. "It was clear that investor demand and need was there in the market," Malik told Opalesque, "but that there was a credibility gap in terms of asset managers who could deliver such a liquid alternative product within that space."

The strategy is a "truly active in credit and equity," he conti......................

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