The Cedar Partners Group has announced the listing of several of its funds on the Irish Stock Exchange as of January 12, 2006.The Cedar Partners Group has announced the listing of several of its funds on the Irish Stock Exchange as of January 12, 2006.
The Irish Stock Exchange (ISE) is a leading centre for listing investment funds. With over 4,000 funds listed. The ISE's combination of effective and prudent regulation, flexibility of approach and dynamic listing framework continues to meet market demands and trends.
The Cedar Group's listed funds include the Cedar Fund and the Cedar Diversified Macro Fund.
"These new public offerings make our hedge fund expertise accessible to a broader audience," says Ned Scott, Principal and Head of Group Development. "As a result of this listing and our strong presence in Europe, we believe that the Cedar Partners Group is well positioned to participate in the overall growth of the European hedge fund industry."
The listing will allow investors to benefit from increased transparency (NAVs and announcements), as well as increased financial reporting through disclosure for year-end and interim financial statements.
Background notes: Cedar Partners is committed to providing innovative alternative investment solutions to its clients globally. It manages both specialized fund of hedge fund portfolios and unique single manager products. The team uses a combination of market intelligence, investment skill and experience to produce sustainable absolute returns within defined risk parameters. The Group is specialized, dynamic and client-focused.
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