Jupiter offers new pan-European hedge fund
IRELAND/UK – Jupiter International Group has launched a new pan-European long/short equity hedge fund called Jupiter Europa Hedge Fund.
The new fund, to be listed on the Irish stock exchange, will remain open for monthly dealings during the first quarter of 2002 before closing to new investors for six months.
It will be managed by Stephen Pearson, who joined Jupiter as hedge fund business director in July.
Directional bias and gearing will be kept low in a portfolio of some 40-60 individual holdings with no predetermined country, industry or company size bias.