Ennismore, one of Europe's oldest and best-performing hedge funds, is re-opening for the first time in 12 years to take advantage of opportunities in the small-cap equity space in which it specialises
While many long/short equity firms have struggled in 2010, it has been a good year for small-cap specialist Ennismore. The firm's flagship Ennismore European Smaller Companies hedge fund is up by 11.89% for the year to date and is set to re-open to new investment for the first time in nearly 12 years.
Tom Hearn, Geoff Oldfield and Leo Perry
Launched in January 1999, the firm is one of Europe's veterans: its hedge fund was Europe's first specialist small-cap long/short portfolio, and the UCITS III fund, which follows