Hedge Funds Review – Civil unrest in North Africa may provide interesting investment opportunities for Insparo Asset Management’s recently launched Africa Equity long/short equity hedge fund. The Africa-focused fund, managed by Jamie Allsop, launched with $7.5 million of assets under management (AUM).
Allsop is hoping to capitalise on the recent unrest in Tunisia and Egypt. “The recent events in North Africa make this an auspicious time to be launching a fund like this. 2011 is an exciting year for the African electorate with 17 presidential elections scheduled,” said Allsop.