High Profile Team to Launch Canadian Focused Fund

Date: Monday, April 21, 2008
Author: Resident Notice Board, Albourne Village

Lightwater Partners Ltd., headed by Man Group alum David Vickerman, is launching a long/short equity fund focused on mid to large cap opportunities in Canada. The Lightwater Canadian Opportunities Fund aims to take advantage of growing investment opportunities in the country, focusing on returns of 15-18% whilst keeping volatility in the low teens.

Vickerman was founder, CEO and portfolio manager of Man-Vector, a joint venture with Man Group. He is joined by former GLG manager Ben Griffiths, ex-JP Morgan equity derivatives specialist Darol Ryan, and Jerome Hass, formerly of Epic Capital. The fund plans to launch June 1st.