RAB Capital, the $1 billion London-listed hedge fund firm led
by executive chairman Michael Alen-Buckley and CEO Charles
Kirwan-Taylor, is lining up to launch a UCITS-compliant version
of Park Place Capital's Polaris Prime Europe long/short equity
fund following the firm's recent absorption of the long-running
Park Place hedge fund team.
Over the past month or so, RAB has taken on Park Place's
entire staff, along with the latter's flagship fund, Polaris.
The move, which did not involve a formal acquisition, has
provided RAB with a new management team for its existing
European long/short equity fund,...