Launches & Closures

Connecticut’s ABS enters EM space

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ABS Investment Management, a Connecticut-based global equity long/short specialist with $3.75 billion under management, has entered the dedicated emerging market space with the launch of its first commingled emerging markets equity long/short fund of hedge funds. “The fund will be a long-biased emerging markets FoHF that is expected to have 50% - 75% net exposure to emerging market equities. The product will benefit from the firm’s long term global focus,” said Alain De Coster, founding principal.

“Our team has been investing in emerging markets since 1994 and today over 20% of ABS’s AUM are invested in emerging markets