Sandell plots UCITS and credit fund launches
Thu May 27, 2010
Tom Sandell's shop, recovering from its 2008 losses and an intense restructuring, is preparing to launch a UCITS fund and a new credit vehicle.
Sandell Asset Management, headed by Tom Sandell in New York,
is the latest well established U.S. firm planning for a UCITS
fund targeted at onshore investors in Europe. The firm is also
preparing a new hedge fund based on the credit portion of its
flagship multistrategy fund.
Sandell is best known for its Castlerigg Master Investments
multistrategy 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...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.