Toscafund to launch mid-cap UCITS III fund

Reuters – Hedge fund firm Toscafund, will launch later this month a UCITS III version of its mid-cap fund following demand from private clients, its chief executive said on Tuesday.

The UCITS version fund will be launched in mid-March on a platform provided by Deutsche Bank and expects to close at $300 million, Martin Hughes told the Reuters Private Equity and Hedge Fund Summit in London.

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