Munich-based investment manager, Assenagon Credit Management, is launching its latest absolute return UCITS fund.
It is launching an unnamed capital structure arbitrage fund, expected to launch in June, with the aim of attracting €250 million ($354.7 million) of assets within six months. This is the third fund from Assenagon Credit Management.
Assenagon's Dr Jochen Felseneimer
All the funds use hedge fund strategies within the UCITS wrapper and are domiciled in Luxembourg.