Jabre’s Tabet off to a strong start with standalone event-driven fund
Thu Jun 23, 2011
The performance of Ziad Tabet’s Jabcap Event Driven Fund has been a bright spot in a difficult few months for Philippe Jabre’s $6 billion Geneva-based firm
The JabCap Event Driven Fund, managed by long-standing
event-driven specialist Ziad Tabet and the most recent fund
roll-out from Philippe Jabre’s $6 billion
Geneva-based firm, has made a very good start since launching
The fund – a carve-out of Tabet’s
event-driven sub-portfolio within Jabre’s flagship
multi-strategy offering – is annualising at around
17.5% after seven months of trading. Since launch it is up by
around 10% and the fund is up by almost 6% this year, despite
losing just over 1% in May – compared with a return of
just 1.3% for the EuroHedge Event Driven median to the end of
May, in what has so far been a bumpy year for many event-driven
Tabet has run the event-driven component of the
firm’s flagship JabCap Multi Strategy Fund since
its debut in early 2007. His performance has been impressive,
even before launching the standalone...
ISSN: 2151-1845 / CDC10004H
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