Launches & Closures Wrappers / Structures

ML Capital kicks off new UCITS platform with Pegasus launch


ML Capital, the Malta-based firm led by former Tara Capital partners John Lowry and Cyril Delamare, has set up a new UCITS platform that is domiciled and regulated in Ireland.

The Montlake UCITS Platform aims to provide a cost-efficient and operationally robust route to market for investment managers that are responding to investor demand for onshore versions of their hedge fund strategies.

ML Capital is aiming to build a platform of funds that are diversified strategically and geographically. The firm has lined up its first client managers, with an initial fund launch planned for 1 October and another two launches