Launches & Closures Funds of Hedge Funds

Three closures for Horizon 21


Horizon 21, founded in 2004 by Rainer-Marc Frey, is set to close three out of the four funds of hedge funds that it runs. The alternative asset management business will still continue to run H21 Dynamic Alpha, as well as private equity, BRIC country investments, commodities and resources, infrastructure investments and insurance linked securities.

Rainer-Marc Frey

The firm is liquidating H21 BRIC Plus, winner of New Fund of the Year and Emerging Markets Funds of the Year at the 2007 InvestHedge Awards, as well as H21 Resources and H21 Select. It is understood that the