Fund launches & closures

Ex-Deephaven man Salet lines up backers for Apson

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Apson Capital, the new global equity long/short fund headed up by ex-Deephaven manager Edouard Salet, is shaping up to be one of the most high-profile launches in Europe this year.

Already attracting considerable interest from investors – including seed capital from one of the alternative investment world’s top blue-chip names – the fund is set to go live on 1 July.

The long/short equity-focused approach – similar to that which Salet employed very successfully as part of the multi-strategy fund at Deephaven from 2005 to 2008 – reflects his breadth of experience across a range of asset classes