

The Carrousel Fund is a discretionary, event driven, market neutral investor, specializing in taking medium to long term hedged positions in Closed End Funds across the globe.
Closed End Funds have a fixed number of shares, different from mutual fund, and unlike open ended funds, shares are not redeemable. But like open ended funds, NAVs are calculated and published. Closed End Funds are often traded on major stock exchanges such as London or New York, and are typically covered by specialist stock brokers.
Closed End Funds come in many different flavours, including:
Listed property funds
Listed fund of hedge funds
Listed private equity funds
Listed fixed income funds
Listed funds invested in listed equities

Closed End Funds have a fixed number of shares, different from mutual fund, and unlike open ended funds, shares are not redeemable. But like open ended funds, NAVs are calculated and published.

Tel: +44 207 758 8004
Fax: +44 207 758 8005
info@carrouselcapital.com
www.carrouselcapital.com