U.K. hedge fund manager, RAB Capital, has launched a new Ucits III offering, Cityiwre reports. The new Prime Europe Ucits fund will sit on the SEB Prime Solutions platform that was set up in September 2010 by Swedish bank, SEB. The firm is seeking to raise a total of about $100 million for the new fund. The vehicle will aim to replicate the performance of it existing long/short hedge fund, Polaris Europe.
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