London-based hedge fund firm, 36 South Capital Advisors, is planning to launch a new fund to replicate a strategy that seeks to profit from unforeseen high-impact events, Bloomberg reports. The Black Eyrar Fund, which will be launched within the next three months, will acquire long-dated options it considers cheap in global currency, fixed-income, equities and commodity markets. The new fund will bet on a fall in equity and commodity prices, interest rates and increased currency volatility. The company, which closed the Black Swan Fund in 2009, will raise money for the new fund from mainly family offices, fund of funds and ultra-high-net-worth individuals.

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