New York-based CastleRock Asset Management is planning to launch a Ucits compliant hedge fund, Hedgeweek reports. The CastleRock U.S. Liquid Equities Ucits fund is competing with funds from traditional long-only world.
The U.S. equity specialist appointed Deutsche Bank as the fund’s prime broker, while Ernst & Young is serving as auditor. Luxembourg Financial Group is appointed as the management company for the fund, which has drawn investors in France, Italy, Switzerland, Austria and the U.K.
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