Stockholm (NordSIP) – A new London-based sustainable global equity long/short strategy managed by LeCap Asset Management reached the US$100 million mark in AUM, with the help of Foxberry, a provider of investable indices and strategies.
LeCap Global Equity Fund follows a systematic strategy, which intends to replicate the performance otherwise achieved by large teams of discretionary fundamental Equity Long/Short managers. In parallel, the firm’s investment process integrates sustainability to both reduce ES-associated risks and position the portfolio for a positive impact. For example, the strategy excludes the following industries: energy equipment & services, oil, gas consumable fuels, metals & mining, electric utilities, gas utilities, multi utilities, aerospace & defence and tobacco.
Christian Dalban, the London firm’s Chief Investment Officer has accumulated experience over many years as he built and led large multi-PM investment units at BlueCrest, Nomura and Millennium, according to a press release.
“Sustainability is high on the agenda of our clients, and we are committed to enable sustainable investment strategies. We are pleased to raise capital for LeCap’s actively managed fund,” commented David Sahlin, Chairman at Foxberry. The provider of indices offers structuring, analysis and advanced technological capabilities as an independent partner and is registered under the EU benchmark regulation.