London Stock Exchange Launches New Specialist Funds Market

Richard D. Fear, Sheba Raza • Posted 02/06/2008 • Under Articles

LONDON STOCK EXCHANGE LAUNCHES A NEW PUBLIC MARKET FOR SPECIALIST FUNDS

On 1 November 2007 the London Stock Exchange (“LSE”) launched the Specialist Fund Market (the “SFM”) – a newly created market dedicated and tailored to the needs of investment funds targeted at an audience of institutional, professional and highly knowledgeable sophisticated investors. The SFM is designed for specialist “alternative” funds and offers managers of closed-end investment vehicles a new opportunity to raise permanent capital in the investment markets centred in London.