Rasini flagship fund comes onshore to Luxembourg

Rasini Fairway Capital is the latest manager to redomicile its Stafford SICAV Global Equity Fund to Luxembourg in a Ucits regulated format.

The firm, with offices in Zurich and London and a 20 year track record of managing Long/Short Equity Fund-of-Hedge Funds, has used the Alceda Ucits Platform.

The Stafford SICAV Global Equity Fund, formerly domiciled in the British Virgin Islands, is Rasini Fairway’s flagship fund. It was launched on 1 April 1993 as SF Fund Ltd.

The Alceda platform enables fund and asset managers to structure their investment strategies in a Ucits format, a stamp of EU-wide regulatory approval and hallmark for transparency and risk management.

Alceda said Ucits vehicles continue to attract global interest and growth, as indicated in the 2013 Credit Suisse Global Survey of Hedge Fund Investor Appetite and Activity, which showed European investors the most active in UCITS, with 32 percent planning to increase their allocation.

It also revealed a strong demand for Long/Short Equity strategies, with net demand up 24% from last year, the most sought after strategy.

Helmut Hohmann, managing director at Alceda Fund Management said: “Alceda is benefitting from the increasing trend of offshore hedge funds moving to onshore structures and domiciling in Luxembourg. Contributing factors for a rise in demand and numbers of Ucits-compliant funds are investor concerns about transparency, liquidity and risk management as well as future regulatory changes through the Alternative Investment Fund Manager Directive.”

Francesco Andina, Partner at Rasini Fairway Capital, said the move meets client demand for a regulated and more liquid investment vehicle, while sticking to the successful investment philosophy.


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