The two funds are from US-based ED Capital Management and UK-based Tideway Investment Partners and are the Hudson River Russia Growth Fund and the Global Navigator Fund respectively.
Alceda, which now has assets under administration of $6bn, $4bn of which are on its Ucits platform, said it assisted the two fund houses shape their respective funds from conception through to launch.
CEO of Alceda, Michael Sanders said: “We’ve been doing road-shows in the US and the UK for a while and have had a lot of interest. We’re very pleased to see our first funds from both these countries launch on the platform.
“It’s very significant for us as we have thought for a while that Ucits funds offer a good alternative to managers as investors look for something more regulated and transparent than the offshore counterparts.”
