LNG To Float Ucits Version Of HF

LNG Capitalis launching the Ucits-compiant version of its first hedge fund (HF),HFMWeekreports. TheEuropa Corporate Bond Fund, which will be unveiled with $30 million from European family offices, private banks, financial advisers and funds of hedge funds (FoHF), is also open to the U.S. allocators.

The Ucits fund, which has a capacity worth $500 million, will have six share classes.Steven Mitraand LNG CIOLouis Gargourare portfolio managers of the fund.

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