The CS Prima Multi-Strategy fund allocates assets across multiple strategies in the liquid UCITS compliant universe. It targets attractive risk adjusted returns through active portfolio management and may invest in various alternative investment strategies including: Equities, Event Driven, Convertibles, Macro, Credit, Managed Futures, Fixed Income, Emerging Markets Equities and Rates. The fund is domiciled in Luxembourg and will be passported into other countries over the next several months.   The fund is open to both institutional and retail investors and offers weekly liquidity.

CS Prima Multi-Strategy is managed by Credit Suisse’s fund of hedge fund management unit which was founded in 1998 and currently oversees approximately $10bn in assets invested across more than 150 fund managers. The fund benefits from Credit Suisse’s expertise in research, manager selection, portfolio management, due diligence and risk management to bring an established investment process around multi-manager fund of funds investing to the UCITS III space.

Boris Arabadjiev, Head of Credit Suisse’s fund of hedge fund management unit, said: “By leveraging Credit Suisse’s institutional investment process and due diligence practices, we believe we can offer investors a compelling multi-strategy product that provides attractive risk adjusted returns through a UCITS III compliant vehicle.”