Launches & Closures Hedge Funds

Cazenove reopens UK equity fund


The Cazenove Absolute UK Dynamic Fund, managed by Paul Marriage, will reopen today (4 January 2011) to new subscriptions.

The fund initially launched on 7 September 2009 and closed within a week as it reached its £123 million ($191.9 million) capacity.

Paul Marriage from Cazenove

The fund reopens with £60 million ($93.6 million) additional capacity across the Cazenove Absolute UK Dynamic Fund and equivalent offshore hedge fund, both managed by Marriage.

Cazenove decided to reopen the fund following the appointment of John Warren to the UK equity team and solid performance. The fund has