Credit firm Abaci winds down as European hedge fund shutdowns near 50 for H1 2012

Mon Jul 23, 2012




Abaci Investment Management, the London-based credit boutique run by former TRI Asset Management portfolio manager Zaman Khan, has wound down its value-oriented Abaci Capital Structure Globus Fund and returned all capital to investors. Khan and his team are now looking into the possibility of joining or partnering with a larger outfit.

The fund launched in July 2010 and ran a strategy that had previously been managed successfully since 2008 in the form of a single-investor managed account for a Benelux family office.

Since opening the strategy up to other investors via the pooled Globus Fund, Abaci struggled to raise sufficient assets to reach critical mass and continue running its...

ISSN: 2151-1845 / CDC10004H

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