Partners Capital Investment Group, the London-based private advisory firm, is launching a new fund called the Greyhawk Fund. The new fund pr...

Partners Capital Investment Group, the London-based private advisory firm, is launching a new fund called the Greyhawk Fund. The new fund provides clients with access to a portfolio of activist equity managers. “The world’s largest public equity markets are intensely competitive and highly efficient making it difficult for even the most talented investment managers to generate returns above market averages,” said Stan Miranda, chief executive and founder of Partners, in a statement. He added: “Activists deploy a ‘private equity type’ approach to investing in less efficient parts of the market providing a greater chance to outperform in the long-term.” The Greyhawk Fund will give investors access to approximately 10 of the top performing activist managers providing a portfolio within a risk controlled structure aiming to achieve a 12-15 per cent annualised return over five to seven years. “This new fund launch is part of our strategy to focus on the most sophisticated investors, providing them with access to the best and, in many cases inaccessible, asset managers in the world,” said Mr Miranda. “Our clients continue to look for out-performance and this new fund provides that focus.” Partners was recently hired as the investment adviser to the Rhodes Trust, Oxford and Gonville & Caius College, Cambridge.