Matthias Knab, Opalesque for New Managers:
Privium Fund Management BV, a global alternative investment fund manager, today officially announced the launch of a new fund, the SAVIN Multi-Strategy Arbitrage Fund (SAVIN). SAVIN launches in February 2021 and already received commitments in excess of EUR20 million (USD 24 million).
SAVIN will focus on equity arbitrage strategies and volatility trading. The Fund's objective is to achieve an average annual return of 8%, net of fees, with a low volatility and low correlation to equity markets. To achieve this, the strategy of the Fund is to employ complementary arbitrage strategies, striving for positive returns regardless of market conditions or general market direction.