Laffitte Risk Arbitrage II Fund becomes UCITS III
12. May 2010
PARIS - Laffitte Capital Management has decided to modify its Laffitte Risk Arbitrage II fund’s vehicle. From the 12th of May 2010, the FCP ARIA-EL Laffitte Risk Arbitrage II becomes a UCITS III diversified fund.
This transformation is not modifying either the strategy or the management of this fund focused on Merger Arbitrage in North America and in Europe.
« In a period of revival of the M&A market in the United States and in Europe our goal is to give access to Laffitte Risk Arbitrage II to a wider range of European investors. Our merger arbitrage fund has the advantage to offer not only an exposure to the equity market by positions on stocks targets of a takeover bid but also an hedge to the equity market because the strategy has a very low correlation.» explains David Lenfant, in charge of business development.
The amended information memorandum is available upon request and online on www.laffittecapital.com.
Contact: +33 1 55 04 79 30
Laffitte Risk Arbitrage II, Isin FR0010762187, weekly liquidity.