Credit Suisse launches its first fund of Newcits funds

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Credit Suisse launches its first fund of Newcits funds

Wednesday, July 21, 2010 : Permalink

CityWire – Swiss banking giant Credit Suisse has become the latest entrant into the rapidly expanding Newcits market with the launch of its first Ucits III-compliant fund of hedge funds.

The Luxembourg-domiciled Credit Suisse Solutions (Lux) Prima Multi-Strategy fund is expected to launch with over €100 million of initial subscriptions and be registered for sale around Europe over the next several months.

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Credit Suisse launches its first fund of Newcits funds

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