EuroHedge: The Carrousel Fund is #1 Q1 2011 performer

Carrousel Fund tops Event Driven USD rankings in EuroHedge April 2011 Issue

EuroHedge magazine published their April 2011 issue this week, and their hedge fund league tables showed that in the Event Driven USD category, The Carrousel Fund Class A Initial Series was number 1 performer based on our estimated YTD return of 9.96% at the time the magazine went to press. Official numbers subsequently confirmed by our administrator HSBC revised this upwards to 12.39%, placing us further ahead of our direct competitors.

Carrousel Fund Class H Initial Series was placed 5th in the same category with estimated Q1 performance of 5.35%; official Q1 performance later confirmed by HSBC showed that the fund had actually returned 6.26% in Q1, which would have placed the fund 2nd in the rankings.

Only 21 funds of any kind bettered The Carrousel Fund Q1 performance out of a total of around 1,200 tracked by EuroHedge, putting us in the top 2% of all hedge funds.

Click the links below to view the league tables and EuroHedge coverage of the event driven sector in Q1.

EuroHedge_April_2011_-_Event_Driven_Carrousel.pdf

EuroHedge_April_2011_-_ED__EMN_Quant_League_Tables.pdf

For more information about The Carrousel Fund, or Carrousel Capitals other products, please contact us