GHK Asset Management has launched a long/short UK and US equity hedge fund aimed at institutional investors and fund of funds.
GHK First Equity, the firm's first hedge fund, will target returns of 14% a year, with a minimum investment of $750,000 or £500,000. The fund, which is listed on the Irish Stock Exchange, will have an initial lock-up period of six months, followed by monthly liquidity.
There will be a management fee of 1% and a performance fee of 20% per year and shares will be denominated
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