Ex-Eton Park manager Lucas makes striking start with new Portland Hill multi-strat equity and event-driven operation


Former Eton Park and Goldman Sachs man Thierry Lucas has made an eye-catching start with his new Portland Hill Capital multi-strategy fund, which launched in June and has delivered consistent positive returns every month so far.

The Portland Hill Overseas Fund, a global strategy that blends long/short equity and event-driven investing, is up by almost 5% in the four months since inception and is building a strong track record of stable, low-vol performance – on a weekly and monthly basis – that is starting to draw increasing attention from investors around the world.

The portfolio is currently biased