Wrappers / Structures

Credit Suisse enters UCITS FOHFs with mammoth $130m launch


Credit Suisse has launched a UCITS III compliant multi-strategy fund of funds with some $130 million day one investments, making it one of the largest UCITS III fund of funds launches so far.

Boris Arabadjiev

The fund has one anchor investor and a number of further day one investors taking the launch total to $130 million, but Boris Arabadjiev, head of Credit Suisse's fund of hedge fund management unit believes that the product has the potential to be twice this in two to three months.

Arabadjiev sees the intermediaries whose own end clients may be