New York-based hedge fund, Act II Capital, has unveiled an onshore UCITS version of its Act II Capital Fund, HedgeWeek reports. The Act II Specialist Equities Fund, launched with $50 million capital, will provide daily liquidity and take a long/short approach to U.S. equities, adds Citywire. The fund is domiciled in Luxembourg and available to investors in sterling, euro and U.S. dollar share classes. Luxembourg Financial Group will support the fund on its Liquidity Alpha UCITS Platform.
Click here for the story from HedgeWeek.
Click here for the additional coverage from Citywire.