Natixis launches new fund on SIXTINA platform

27 Apr 2011
Natixis Alternative Investments France launches a new fund on its dedicated managed fund platform: the SIXTINA Harbert Event Opportunities Fund.

This compartment of the Natixis Absolute Global SICAV is a Luxembourg-domiciled, UCITS III-compliant fund. The launch expands the fund offerings developed on the SIXTINA platform for investors seeking exposure to absolute return strategies through onshore regulated vehicles. As fund manager, NAI France will be responsible for daily risk management of the fund and for overall reporting to investors.

The SIXTINA Harbert Event Opportunities Fund offers investors access to a risk-managed portfolio of merger and corporate event transactions and strives to achieve absolute returns uncorrelated to overall market direction. Daily portfolio management of the fund is overseen by Harbert Management Corporation and led by Neil B. Kennedy, the portfolio strategy manager. Kennedy commands nearly 30 years of experience across the merger arbitrage and event-driven investment landscape and has been managing this type of strategy at HMC since December 2006.