Sandell plots UCITS launch, credit fund roll-out

Thu May 27, 2010

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Sandell Asset Management, headed by Tom Sandell in New York, is the latest leading US-based firm to line up plans for a UCITS fund targeted at onshore investors in Europe, as well as preparing a new hedge fund based on the credit portion of its flagship multi-strategy vehicle.

The firm is best known hitherto for its Castlerigg Master Investments multi-strategy fund, which spans event-driven and credit strategies and has a proud track record that has produced annual compound gains of close to 10% since its inception in 1998.

That overall return has also been...


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