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Tages Capital launches Macro UCITS Alternative Fund with Atreaus Capital

Wednesday, July 12, 2017
Opalesque Industry Update - Tages Capital LLP. (Tages), in partnership with New York-based alternative investment manager, Atreaus Capital, LP (Atreaus), today announced the launch of the Tages Atreaus Macro UCITS Fund (the Fund). This comes as the UK-based investment manager continues to expand its UCITS compliant alternative investment fund range.

The new fund is the fifth UCITS alternative fund launched by Tages in the last 12 months, providing UCITS investors with another differentiated hedge fund strategy. The Fund offers investors access to Atreaus' proven expertise in macro portfolio management within UCITS limits and guidelines. The Fund is launching with a minimum of €25 million of institutional capital.

Atreaus is an established global macro hedge fund manager, founded in 2012, with more than $1.35 billion1 in assets under management. Atreaus focuses on capital preservation and delivering non-correlated absolute returns through a discretionary global macro approach, which invests primarily in liquid currency and commodities markets.

Todd Edgar, CIO and founder of Atreaus Capital, said: "We are pleased to partner with Tages, one of the most active and influential investors in the fast growing UCITS alternatives segment. Atreaus is an active macro investor, focused on highly liquid global markets with an emphasis on capital preservation and risk management. Through our process driven approach to trade selection and capital allocation, we aim to produce returns with strong upside potential and low correlation to equities and credit."

Jamie Kermisch, CEO of Tages Capital, said: "As an existing investor in the Atreaus macro strategy, Tages has been impressed by the team's investment process and ability to generate attractive, non-correlated risk adjusted returns, particularly during periods of macro uncertainty and volatility. We are excited to be building on our partnership and believe this new UCITS macro fund further demonstrates Tages' commitment to offering investors access to experienced, high quality differentiated managers and strategies."

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