The Launch of V2 Hedged Equity FundV2 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