Launches & Closures

Islandbridge unveils new global emerging markets fund


As the emerging markets continue to provide deep alpha and beta opportunities, Islandbridge Capital has launched the Islandbridge Global Emerging Markets Fund.

The multi-manager fund, a concentrated portfolio of emerging market hedge funds, is expected to launch with up to $10 million from partners and existing investors.

Chief investment officer Joseph McCarthy said: “We believe emerging markets will continue to benefit relative to developed markets from divergent growth rates, appreciating currencies, a continuing global asset allocation shift, stronger balance sheets and currently undemanding valuations.

“The team has extensive experience and networks in the emerging markets and has a