The Rhine Alpha Fund, one of two well-established long/short European equity funds managed by Rudolf Bohli at Swiss firm RBR Capital, has this month received authorisation to be re-domiciled in Luxembourg as a UCITS-compliant entity.
Once the planned transition has taken place in the next few months, the fund will no longer be available in the Cayman format that it has occupied since launching in 2003.
Rhine Alpha – along with its sister fund, Rhine Alpha Stars – has always had a strong bias towards investing in the German-speaking economies, in the past allocating up to 90% of capital to companies in Germany, Switzerland and Austria.
But Bohli has gradually broadened the remit for both funds, so that they now hold a greater exposure to the rest of continental Europe.
The switch in fund structure and domicile for Rhine Alpha, and the expansion of geographic universe for both funds, are...