Launches & Closures

RiverCrest targets European equity with second fund launch

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RiverCrest Capital, the absolute return fund management firm established last year by Sir John Beckwith’s Pacific Investments and led by well-known hedge fund industry figure Rod Barker, has rolled out its second offering with the launch of the European Equity Alpha Fund.

The fund is managed by Giles Worthington and Tim Short, both of whom have over 16 years’ experience in the European equity markets. The two men have joined RiverCrest from M&G, where Worthington was head of European investments and Short was a fund manager and also head of portfolio strategy and risk management.

The duo developed