The Launch of V2 Hedged Equity Fund
V2 Hedged Equity Fund, an open-ended single manager mutual fund utilizing the V2 Hedged Equity Strategy, has been launched by an SEC-registered investment advisor V2 Capital.
The
Fund began trading on October 31, 2014 with assets previously invested
in V2’s Hedged Equity Strategy Limited Partnership Structure. The launch
of the V2 Hedged Equity Fund with $240 million in assets makes it the
largest hedged equity mutual fund launch of the year.
Victor
Viner, Founder and Chief Investment Officer of V2 Capital said, “As
hedge funds and mutual funds continue to converge, we are excited to be
at the forefront of this trend. However, unlike many hedge fund managers
that have launched modified versions of their core strategy in a liquid
alternative, we are able to offer the identical strategy we have been
managing for the past four years because of what and how we trade. Our
new ’40 Act fund will implement the same strategy we previously offered
in an LP structure, and separately managed accounts, but now our mutual
fund investors will benefit from daily liquidity, increased
transparency, lower investment minimums, and more regulatory oversight.”
Source: MarketWatch
