RAB lines up UCITS launches after Park Place Capital lift-out
Wed Jan 26, 2011
RAB Capital, the $1 billion London-listed hedge fund firm led
by executive chairman Michael Alen-Buckley and CEO Charles
Kirwan-Taylor, is lining up to launch a UCITS-compliant version
of Park Place Capital’s Polaris Prime Europe
long/short equity fund following the firm’s recent
absorption of the long-running Park Place hedge fund team.
Over the past month or so, RAB has taken on Park
Place’s entire staff, along with the
latter’s flagship fund, Polaris. The move, which
did not involve a formal acquisition, has provided RAB with a
new management team for its existing European long/short equity
ISSN: 2151-1845 / CDC10004H
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