european long only offering rambourg verrazzano

Added 16th December 2013

European equity specialist investor Verrazzano Capital has launched its first long-only European fund for external investors to be run by former Gartmore manager Guillaume Rambourg.

european long only offering rambourg verrazzano

The Verrazzano European Advantage fund will invest at least 80% of its assets in the shares of companies based in continental Europe.
Paris-based Verrazzano Capital was first launched in 2012, offering investors, including pension schemes and institutions, two long-short funds.

The new European Advantage fund is the first long-only product and open to external investors, rather than single-clients only as previously.

The new fund is sector agnostic and situation-based, with sectors across the board, according to a spokesperson for the company. Investors in the fund are similar to the previous long/short-fund investors, and most likely even more long-term including insurers, pensions and institutions.

Run by a team of sixteen professionals, Verrazzano Capital is headed by chief investment officer Rambourg.

“It is an important milestone for Verrazzano, which has evolved quickly since 2011 thanks to investor appetite for our tried and tested investment approach and the meticulous path we took building out the institutional platform,” he said.
 

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Gary Corcoran

Editorial Director

Portfolio Adviser & International Adviser

Gary Corcoran is the editorial director for Portfolio Adviser, International Adviser and Fund Selector Asia. He is also programme director and chairman for events hosted across the UK, South Africa, Middle East and Asia. Gary joined Last Word Media in August 2005 as the launch editor of Portfolio Adviser, having previously worked at Bacon & Woodrow, Legal & General, FT Business and MSM International.

To subscribe to International Adviser's news bulletins and apply for a magazine subscription click below

Editor's Pick

Bond Vigilante Riddell departs M&G
Bond Vigilante Riddell...

Mike Riddell, manager of three M&G bond funds, has...

HMRC takes in record levels of inheritance tax
HMRC takes in record...

HM Revenue & Customs took in nearly £400m worth of...

APFA urges UK Gov’t to ease regulatory burden on advisers
APFA urges UK Gov’t to...

The Association of Professional Financial Advisers...

top

Other Stories From

lastword