Arkanar Financial Global Macro Hedge Fund Launch
Friday, February 6, 2009 : PermalinkWest Palm Beach (HedgeCo.net) – Alternative investment consultant and director, Bob Torkelund has announced the launch of a Cayman regulated fund, the Arkanar Global Macro SP. The fund is being monitored and the due diligence work done by the Cayman regulator before the launch took place.
The initial offering period runs throughout February 2009, with a minimum investment of $10.000.
Torkelund said, “The fund is easy dealing and settlement: we have organised electronic clearing via Clearstream/Euroclear ‘payment against delivery’ which makes the fund available to most European and international banks in line with other international securities.”
The fund has a 20% high water mark performance fee and 0.5% per quarter as management fee and an expected annual return of 15–20%.
Alex Akesson
Editor for HedgeCo.Net HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
Email: alex@hedgeco.net
Tags: accredited-investors, alternative investment, director bob, due diligence, global macro, hedgeco, high-water-mark, initial-offering, international banks, international securities, investment consultant, launch, management-fee, mark performance, minimum-investment, palm-beach, performance fee
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