Two Equity Fund Launches

Filed in archive Hedgetalk on April 6, 2009

FSA regulated asset manager, Silk Invest Ltd, successfully launched The African Lions Fund and the Arab Falcons Fund, which helped the hedge fund manager achieve its goals in becoming a specialist in Arab and African equities.

The Luxembourg domiciled African Lions fund and Arab Falcons fund went live on 27th March with an NAV of Euro 100 ($135.2). The portfolio managers, based in London, Cairo, Casablanca and Johannesburg, plan to build up the portfolio up cautiously, taking advantage of liquidity opportunities.

Full story; Hedge Fund Manager Silk Invest Launches Two Equity Funds