LONDON, July 11, 2013 /PRNewswire/ --
Sturgeon Capital last week launched its global distribution strategy for the UCITS IV-compliant Sturgeon Central Asia Equities Fund in partnership with ACOLIN Fund Services and Lemanik Asset Management.
(Logo: http://photos.prnewswire.com/prnh/20130711/626825 )
Sturgeon Capital is a leading alternative investment manager focused on Central Asian markets. Founded in 2006 with the launch of the flagship Sturgeon Central Asia Fund, the Firm has been managing public equities, fixed income and private equity investments in Central Asia for over 6 years. Sturgeon Capital currently manages over $100 million across a range of funds and accounts, including the Sturgeon Central Asia Equities UCITS IV Fund.
The Sturgeon Central Asia Equities Fund invests primarily in equity securities of companies listed on regulated markets but which have a substantial exposure to Central Asia and the compelling regional growth story.
The Fund was initially offered to a limited group of qualified and institutional investors. Based on the success of the initial 6 month marketing period, which resulted in a doubling of the Fund's assets since launching in October 2012, Sturgeon Capital has partnered with Lemanik Asset Management in Luxembourg and ACOLIN Fund Services in Zurich in order to roll out full global distribution of the Fund to both retail and institutional investors alike.
Paul Henderson, Head of Business Development and Marketing for Sturgeon Capital said "When we were looking for distribution partners, we needed professional teams that could provide market insight and also had established and robust global networks. We needed to be confident that these networks would reach the widest audience possible given the relatively niche nature of our regionally focused fund range. I believe that we have found partners that exceed those expectations in both ACOLIN Fund Services and Lemanik Asset Management."
"The Sturgeon Central Asia Equities Fund is the only Fund of its kind focused exclusively on the Frontier and Emerging markets of Central Asia. Thanks to our distribution partners, we are pleased to be able to provide both retail and institutional investors alike with access to exciting investment opportunities in these fast growing but relatively overlooked frontier and emerging listed equity markets. In addition, as an asset manager we see the growth of a diversified investor base as key to building a sustainable long-term business" said Clemente Cappello, founder and CEO of Sturgeon Capital.
The Fund is initially being registered for public distribution in the UK, Sweden, Switzerland, Belgium, Estonia, Finland, Latvia and Lithuania, with more markets due to be added as demand dictates.
The Fund is available in USD, EUR, CHF and GBP share classes. The minimum initial investment for retail investors is USD/EUR/GBP 5,000 and 200,000 for institutional investors. The Fund is available via all major life wrapper, portfolio bond and fund platforms. Domiciled in Luxembourg as a sub-fund of Sturgeon Capital Funds UCITS SICAV, the Sturgeon Central Asia Equities Fund has weekly dealing with no notice period or exit fees.
For more information contact your private banker, financial adviser, or wealth manager, or alternatively contact Sturgeon Capital's London office on +44 (0) 207 255 1005 or email Paul Henderson, Business Development on ph@sturgeoncapital.com. Further information on Sturgeon Capital is available at http://www.sturgeoncapital.com.
For more information on the services provided by either ACOLIN Fund Services or Lemanik Asset Management, please contact Steve Bernat at Lemanik on steve.bernat@lemanik.lu and Lorcan Murphy at ACOLIN on lorcan.murphy@acolin.co.uk.
Sturgeon Capital Ltd
4 Bourlet Close
London W1W 7BJ
United Kingdom
+44(0)207-255-1005
Share this article