Tycho Capital has launched a new vehicle on its funds platform with CapeView Capital, a London-headquartered European equity long/short hedge fund.
The Tycho CapeView European Long Short Fund has launched with over $40m of investor capital. The firm said it is seeing sustained strong demand across the UK and Europe from a range of investors, including wealth managers, family offices and institutional investors, and anticipates further commitments.
CapeView Capital is a boutique hedge fund with a European equity long/short specialism, launched in 2007 by co-PMs Michael Sakkas and Sushil Shah.
CapeView’s experienced team has built an 18-year track record of positive alpha generation across both long and short positions, with low correlation to equity markets and capital preservation through multiple market cycles.
The Tycho CapeView European Long Short Fund joins the existing roster of five funds on the Tycho ICAV:
- Tycho Arete Macro Fund
- Tycho BH-DG Systematic Trading UCITS Fund
- Tycho Talomon PE Alpha Fund
- Tycho Athos Event Driven Fund
- Tycho Scopia Market Neutral Equity Fund
The ICAV was created to partner with high-calibre alternative and traditional investment managers to build bespoke investment solutions for allocators, leveraging Tycho’s research expertise and manager network to access the best global opportunities.
Tycho’s research team meets with over 300 managers a year, across both offshore and onshore hedge fund strategies, to identify unique, attractive partnership opportunities.
“We are delighted to add CapeView to the Tycho stable of funds, expanding the range of alternative investment solutions that we offer our investor base,” said Georg Reutter, partner and CEO, Tycho Capital.
“CapeView has built one of the longest dedicated European equity long/short track records in the hedge fund peer group, and the strategy’s ability to generata alpha, particularly on the short side, has proven attractive to investors.
“Having spent significant time with the manager as part of our research process, we are confident in CapeView’s ability to deliver a consistent, low volatility return stream and to preserve capital in market drawdowns.”
Michael Sakkas of CapeView Capital added: “This marks the start of a fruitful partnership with Tycho, and we look forward to leveraging the firm’s allocator network and operational expertise to help bring CapeView’s longstanding European equity long/short strategy to a wider investor base.
“We are proud to have built a strong track record through multiple cycles and are very excited about the rich investment environment created by today’s market dynamics.”