Launches & Closures

Hermes ready to take long/short equities to investors that want to de-risk portfolios

by

Matteo Perruiccio
Hermes BPK Partners, the $2.1 billion alternative advisory boutique and fund of hedge funds manager, has launched the Hermes BPK Global Equity Hedge Strategies with $550 million.

Hermes BPK Global Equity Hedge Strategies is a customisable portfolio solution designed to help institutional investors de-risk their long-only equity allocations through concentrated investments in the long/short equity space. The solution seeks to capture two-thirds of the global equity markets’ upside while limiting the downside to one-third.

Specialist long/short equity are all the rage in the multi-manager arena at the moment as investors start to use