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
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...