Is Alkeon a hedge fund?
Alkeon Capital Management, a New York-based hedge fund, has crushed the broader market this year by its increased wagers on mega-cap tech firms, online retailers as well as work-from-home plays.
What is the ACAP Strategic fund?
The ACAP Strategic Fund is an equity fund with the stated objective of providing maximum capital appreciation to its shareholders. The fund’s advisor is SilverBay Capital Management, which is controlled by Alkeon Capital, a long/short equity hedge fund manager with 12 operational funds and over $67 billion in assets.
What is Xanthus fund?
Advantage Advisers Xanthus Fund, L.L.C. is a Hedge Fund in New York, that has raised $3.01B from 85,058 investors, for a fund started in Sep 1999. Data from SEC filing on 19 Feb 2021.
What is the ACAP Strategic Fund?
What is Xcapx?
ACAP Strategic Fund is a closed-ended equity mutual fund launched and managed by SilverBay Capital Management LLC. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund was formerly known as Madison Avenue Global Fund.
What is a interval fund?
An interval fund is a type of investment company that periodically offers to repurchase its shares from shareholders. That is, the fund periodically offers to buy back a stated portion of its shares from shareholders. Their shares typically do not trade on the secondary market.
Who runs ACAP Strategic fund?
SilverBay Capital Management
The ACAP Strategic Fund (“the fund” or “the Strategic Fund”) is an equity-focused interval fund managed by SilverBay Capital Management, an arm of Alkeon Capital.
What are interval funds?
An interval fund is a type of investment company that periodically offers to repurchase its shares from shareholders. That is, the fund periodically offers to buy back a stated portion of its shares from shareholders. Shareholders are not required to accept these offers and sell their shares back to the fund.