Funds of Hedge Funds

KStone Partners moves offshore


KStone Partners, which launched its KStone ARV last year, introduced an offshore version of the arbitrage/relative value fund on 1 January.

Mark Kenyon

KStone ARV, a Cayman Islands-based fund, will be managed in a manner similar to KStone ARV, but will be user-friendly for non-taxable accounts including IRAs, Roth IRAs, Keoughs, corporate pension plans, endowments and foundations. It will also be offered to investors based outside of the US.

Mark Kenyon, founder of UBP Asset Management and a 22-year veteran of the industry, started the fund of funds group with a focus on credit and arbitrage