U.K. Fund Focuses on Alternative Strategies

June 8, 2009 (PLANSPONSOR.com) - 47 Degrees North Capital Management Ltd announced the launch of the 47 Degrees North Innovation Fund.

A company news release said the fund offers access to a diversified portfolio of “new and innovative alternative investment strategies.” According to the announcement, 47 Degrees builds a portfolio that offers return potential and diversification.

The U.K. Fund combines a thematic set of alternative investment strategies ranging from Transportation, Electricity, Middle East – Northern African Equities, Insurance-linked Securities, Alternative Energy to Volatility Arbitrage and Multi-Commodities.

“This fund launch complements our product offering and is a natural extension of our focus on emerging hedge fund managers,” said Claude Porret, CEO of 47 Degrees North, in the news release. “New and upcoming hedge funds strategies are often managed by newer, independent and entrepreneurial teams. Our Innovation Fund is an attractive offering for investors who want to get access and know-how in regard to new strategies in a diversified portfolio in order to mitigate risks.”

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