Kite Lake Marks. Years with 8.% Net Returns | Pocketmags.com

Shopping Cart -

Your cart is currently empty.
Upgrade to today
for only an extra Cxx.xx

You get:

plus This issue of xxxxxxxxxxx.
plus Instant access to the latest issue of 300+ of our top selling titles.
plus Unlimited access to 26000+ back issues
plus No contract or commitment. If you decide that PocketmagsPlus is not for you, you can cancel your monthly subscription online at any time. Auto-renews at $13.99 per month, unless cancelled.
Upgrade Now for $13.99 Learn more
This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Read anywhere Read anywhere
Ways to pay Pocketmags Payment Types
Trusted site
At Pocketmags you get
Secure Billing
Great Offers
Web & App Reader
Gifting Options
Loyalty Points

Kite Lake Marks. Years with 8.% Net Returns

Firm AUM at $1bn as UCITS approaches one-year track record

PROFILE

Pictured (L-R) Jamie Sherman, Equity Portfolio Manager, Massi Khadjenouri, Co-Founder, CIO and CRO, Jan Lernout, Co-Founder and Credit Portfolio Manager

“Tomorrow’s Titans” 2010 - 2016: Revisited

Kite Lake Capital Management UK LLP, the London-based hard catalyst-focused event driven fund manager, celebrated its seven-year track record on February 1st, 2018 and in the process recorded its seventh consecutive year of positive returns.

The KL Special Opportunities Fund recorded a 10.3% net return in 2017 (for the USD A Share Class) and recorded a strong + 5% net return in the first three months of 2018. The average annualised returns over the Fund’s 7 year plus track record is 9 % net of fees with a volatility of 5.3%, a Sharpe of 1.7 and average correlation of 0.18 to the MSCI World Index. The strategy has profited in 21 of the 33 down months for the MSCI World Index during the period.

In May 2017 Kite Lake launched a UCITS version of the strategy which is lead managed by Jamie Sherman, the portfolio manager for the M&A and equity event driven strategies in the master fund. It invests in the same merger arbitrage and equity event driven positions as the flagship strategy but does not include the credit or distressed elements from the Cayman fund. As of April 2018, the UCITS fund AUM stood at $235m.

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 131 – Apr 2018
If you own the issue, Login to read the full article now.
Single Issue - Issue 131 – Apr 2018
$159.99
Or 15999 points
READ NOW
Getting free sample issues is easy, but we need to add it to an account to read, so please follow the instructions to read your free issue today.
Email Address
6 Month Digital Subscription
Only $ 170.00 per issue
$849.99
Or 84999 points

View Issues

About The Hedge Fund Journal

Informing the Hedge Fund Community. With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.