Salet shuts Apson long-vol fund after difficult 18-month history
December 11, 2012
Apson Capital, the derivatives-focused global equity long/short fund founded by former Deephaven manager Edouard Salet, has joined the growing ranks of European-based hedge funds that are shutting down on account of the difficult market environment.
Essentially a long volatility strategy based on using options to express fundamental, macro and market views, Apson’s launch in mid-2011 had attracted a strong response – with the fund receiving significant seed...
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