TriAlpha Investment Advisors, the Jersey-based asset management arm of the Stonehage wealth management group, is launching an absolute return credit fund with a "strong capital preservation emphasis”.
The fund is to be known as the ACP TriAlpha Global Credit Fund, reflecting TriAlpha’s merger with ACP Partners, currently under way. When completed the combined business is to be known as ACP TriAlpha, and will be half owned by Stonehage and half by ACP.
The new fund will target an annual return of 6% to 8%, with annual volatility of less than 4%, and be managed by Steven O’Hanlon, TriAlpha’s portfolio manager and head of fixed income.
It will be domiciled in Jersey, and is expected to have $80m to $100m under management at launch.
http://www.trialpha.com/
http://www.stonehage.com/
