- Advertisement -
- Advertisement -

Related

Carve Reopens for Subscriptions

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Carve Capital, part of Brummer & Partners, opens up its Carve 1 and Carve 2 funds for new and top-up subscriptions, according to a news release, the fund manager announced.

Carve, which is a global equity and credit hedge fund combining a long/short equity strategy with capital structure arbitrage, offers two different versions of its fund through the Carve 1 and Carve 2 feeder funds where differences in terms are related to liquidity and lock-up periods. The Carve 1 fund has a lock-up of three years after which the investment can be redeemed in increments of 25 percent each quarter. In the case of Carve 2, redemptions of 25 percent can be made every quarter.

As the Carve funds now reopen, there will be an opportunity to switch existing holdings from Carve 1 to Carve 2. The first day for signing up for new and top-up subscriptions will be September 28 (2018) for Carve 2 and December 28 (2018) for Carve 2.

Launched in November 2012, the Carve 2 fund has generated an average annual return of 3.6 prercent to an annualised volatility of 5.9 percent. However, during the last 12 months, the fund has suffered losses of 8.8 percent and is down 6.9 percent year-to-date, according to data on the Brummer website.

Picture © Cio—shutterstock

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

Latest Articles

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Europe’s Infrastructure Transformation: Where the Smart Money is Going

Infrastructure is at the heart of Europe’s economic transformation. Richard Marshall, Head of Infrastructure Research at DWS, explores how subsectors like data centres, renewable...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.