The launch of a new global long-only strategy to be run by
co-founder Steven Heinz marks the latest step in the growth of
the $16 billion London-based equity fund management firm
Lansdowne Partners, the $16 billion London-based equity fund
group, has announced the launch of a new Global Long Only Fund.
The firm informed its investors this month that the new
fund, which is expected to launch on 1 March, will replicate
the existing European Long Only Fund – but with the
significant exception that it will be geographically
unconstrained. To be managed by Lansdowne European team leader
and co-founder Steven Heinz, it will have a net exposure range
of 60% to 130%.
The launch represents a new landmark step in the evolution
of the Lansdowne European business, which was the original
flagship of the group launched by Heinz in partnership with
Paul Ruddock in September 1998, and is...