Launches & Closures Funds of Hedge Funds Wrappers / Structures

ISPartners launches investor-friendly Xenon Liquid Plus Fund

by

ISPartners Investment Solutions has launched the Xenon Liquid Plus Fund.

The fund provides weekly liquidity with no mismatch between the liquidity offered to investors and that of the underlying funds. The fund also offers full transparency, no leverage and a 1% management fee, with a 10% incentive fee over a three-month hurdle rate.

The Zurich-based firm, which was founded in 2003, aims to achieve this by combining a liquid replication core, focused on alternative beta, with a layer of alpha-generating funds as well as a tactical exposure overlay. This hedge fund replication core/satellite strategy is being adopted on