Skyline Capital Management, the London-based hedge fund manager established last year by Geoff Bamber and Vernon West, announced this week that it was launching a global equityPARA_BREAK_SENTINEL_9f8e7d6c
Skyline Capital Management, the London-based hedge fund manager established last year by Geoff Bamber and Vernon West, announced this week that it was launching a global equity l/s UCITS on ML Capital’s MontLake platform. The Skyline UCITS Fund is expected to commence trading on 1st August subject to regulatory approval. Within the global mandate there will be a bias towards western companies with emerging market exposure. This will be the third fund in as many months on the Dublin-domiciled MontLake and follows last month’s addition of New York event-driven manager, Para Advisors.
The fund has already attracted in excess of USD25million from early stage investors. ML Capital expect it to be the largest launch, to date, on MontLake. Skyline CEO, Vernon West, said that the firm’s focus on investing in liquid emerging markets companies was a “natural fit” for UCITS, adding that “we have invested significantly in our infrastructure to maximise our operational strength in advance of launch”. ML Capital Chairman, John Lowry (pictured), said: “The Skyline UCITS joint venture is an important step forward in our effort to building the leading independent UCITS platform in the marketplace.” The firm now has four funds on MontLake and aims to have eight by year-end.
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