LONDON (Reuters) – The recently-formed asset management arm of European investment bank Bryan Garnier & Co said on Tuesday it has launched a European equity hedge fund, the first in a series to be rolled out over the next 18 months.
Bryan Garnier Asset Management has started the European Growth Long/Short Fund, which has a target return of the London Interbank Offered Rate (LIBOR) plus 15 percent.
Investors must commit at least 250,000 euros (168,000 pounds) to the fund, which is domiciled in the Cayman Islands and listed on the Irish stock exchanges.
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