The Family Enterprise Fund will be sold in Asia through third party fund distributor Peak Capital, according to a joint statement from Quaero and Peak.
It is a Luxembourg umbrella Sicav Ucits fund managed by Marc St John Webb and Philip Best, and registered for distribution in Luxembourg, France, the UK and Switzerland.
Family affair
The fund invests in small and medium-sized European companies that are listed but still partly-owned by family shareholders.
“The [Family Enterprise Fund] has tapped into the natural empathy that family offices here in Asia have toward the highly successful and sustainable businesses that families in Europe have developed over many decades,” said Mike Smith, a director at Peak Capital.
Peak Capital will distribute the fund to private banks, wealth managers and institutional investors in the region, Simon Powell, Peak Capital’s Hong Kong-based managing director, told our sister publication Fund Selector Asia.
In addition to the Family Enterprise Fund, Peak Capital will also be offering Quaero Capital’s Yield Opportunities Fund, a global emerging markets fund managed by Robert Lloyd George, and an infrastructure fund managed by Mark Ebert.
Quaero Capital, founded in 2005, is a Geneva-based specialist fund management firm with CHF600m (£486.6m, $591.5m, €558.8m) in assets, according to information on the company’s website.
Peak Capital, based in Hong Kong, specialises in introducing professional investors in Asia to specialist fund managers.
