Home > News > Da Vinci Soaks Up Volatility, Preps Healthcare Hedge Fund
October 17th, 2007
Da Vinci Soaks Up Volatility, Preps Healthcare Hedge Fund
Abstract:
German pension schemes are flocking into the Da Vinci Arbitrage Fund and for good reasons: the Zurich, Switzerland-based volatility arbitrage fund is up 22.77% year to date through September.
Not content with the volatility space, Da Vinci is preparing a global long/short equity fund focused on nanotech and biotech stocks, according to Klein. Michael Nawrath, who ran a long-only healthcare fund in Zurich for Credit Suisse, will manage the fund. Klein is currently looking for seeders for the new offering and hopes to launch the vehicle with a minimum of $5 million within a few months.
Source:
finalternatives.com
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