Aquila to distribute DACH L/S fund
Hamburg-based alternative asset manager Aquila has announced the expansion of its portfolio with the Tiger Value Fund, a European long / short equity fund focusing on small and mid-caps in Germany, Austria and Switzerland (DACH).
The Tiger Value Fund screens a universe of 1500 European businesses, selecting a final portfolio of 30 to 60 names.
Since inception in 2008, the fund has had an annual performance of 10% at a volatility of 6% and a Sharpe ratio exceeding 1,5.
The Tiger value fund has been launched by Hamburg and Freienbach based independent boutique Tiger Asset Management, which focuses on advising institutional investors.