Former Artradis Fund Management co-founder, Stephen Diggle’s new alternative investments firm, Vulpes Investment Management, has launched a new fund, Bloomberg reports. The long Asian volatility and arbitrage fund, LAVA, has secured $30.5 million in capital.
The fund will seek to trade instruments, including options, warrants and convertible bonds. The firm was started on April 1, 2011 with $200 million in seed capital from Diggle and currently manages about $175 million, including the Russian Opportunities Fund and Testudo Fund that it took over from Artradis.
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