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GLG Partners Floats Retail Alt Fund

GLG Partners has launched a Ucits version of its long-short fund for retail investors.

GLG Partners has launched a Ucits version of its long-short fund for retail investors, Financial Times reports. The European Equity Alternative fund will be managed by Pierre Lagrange and Simon Savage.

The vehicle will be distributed across Europe. The managers will seek to raise about $400-500 million for the fund, including 10% seed money.

Click here for the story from Financial Times.

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