Canadian manager opens to investors


JC Clark, the C$300 million Canadian investment manager, opened its offshore long/short equity fund to outside investors on November 1 and aims to reach up to $500 million in assets under management.

Focused Opportunities Offshore Fund, which began trading with firm capital on May 1 (and had traded as a managed account between January and May), will follow the same investment strategy as JC Clark’s onshore Focused Opportunities Fund.

The onshore fund was launched in June 2005 and takes a concentrated number of long/short bets on Canadian mid-cap equities primarily, through bottom-up stock picking rather than following directional