Tages Capital, a leading European alternative asset management company with over €2 billion of assets, in partnership with New York-based investment firm Atreaus Capital LP, announces the launch of the Tages Atreaus Macro UCITS Fund and continues its process of expanding alternative strategies compliant with the European UCITS directive.
To date, Tages Capital has launched five UCITS funds in the last 12 months, each with a different alternative investment strategy. With Tages Atreaus Macro UCITS Fund, investors can access Atreaus' experience in global macro strategies, in compliance with the guidelines established by the UCITS EU directive. The Fund will have initial assets of 25 million Euros, raised by institutional investors.
Atreaus is a company founded in 2012, with solid experience in global macro strategies and with assets under management in excess of $1,35 billion. The protection of capital and the achievement of absolute returns uncorrelated to traditional markets form the basis of the discretionary management of Atreaus, mainly focused on currency and commodities.
Jamie Kermisch, Chief Executive Officer of Tages Capital, commented: “We have known Atreaus' global macro strategy for several years and have invested in its funds for some of our institutional portfolios for some time. The quality and discipline of the investment team, the attention to risk control, together with the ability to generate alpha especially in times of uncertainty and volatility, are elements that we particularly appreciate. We are pleased to have concluded this partnership which allows us to further expand the number of alternative strategies in favor of our clients".
Todd Edgar, CIO and founder of Atreaus Capital, added: “We are delighted to have entered into this partnership with Tages, which we consider among the most active realities in investments in the UCITS alternative funds segment. Atreaus is an active manager, focused on highly liquid global markets, with a strong focus on capital protection and risk control. Through a discretionary approach and guided by the careful selection of investments, we aim to obtain absolute returns uncorrelated from the equity and credit markets”.
Read the interview with Umberto Quadrino, president of Tages Holding.
