New York-based hedge fund Karsch Capital Management is expected to launch a UCITS-compliant fund with restricted capacity in May 2012.
The size of the UCITS fund will be capped at $230 million with an annual management charge of 1.95%, a performance fee of 20% and weekly liquidity.
The annual management charge for the UCITS product is slightly higher than that of the flagship fund, in part due to the more...