New Star International has launched a capital guaranteed European long/short equity hedge fund to be managed by Richard Pease with Alan Miller advising on UK equities.
The New Star Capital Guaranteed European Hedge Fund, with a minimum $50,000 investment, will be wrapped with a rising capital guarantee provided by HSBC Bank plc.
Under the guarantee, investors are guaranteed to be repaid $100 per share, the launch price, on the maturity date in April 2008.
Pease, advised by Miller, already runs
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