Dalton Strategic Partnership will hard close a fund on July 11, 2011, FundWeb reports. The Melchior Selected Trust European Absolute Return fund has secured about $600 million in assets.
The fund was previously soft closed on June 6, 2011, after reaching $500 million in assets. The European equity long-short vehicle has delivered an annualized return of 8.86% in sterling terms since its launch in February 2010.
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