Trium Capital launches firm's first Article 9 hedge fund

Trium Climate Impact fund

Trium Capital has launched its first Article 9 hedge fund, the Trium Climate Impact fund, a UCITS equity long/short market neutral strategy.

Managed by Joe Mares and Tom Ayres, the fund aims to deliver attractive long-term returns with low correlation to traditional asset classes, while seeking to address issues such as climate change, waste management and water access.  The fund's long exposure will be composed of around 50 companies in the environmental solutions, alternative energy infrastructure and clean technology sector, targeting 6-8% volatility with an expected net annual return of cash of 6-8%. On the short side, the managers will aim to hedge market and factor risks of the long positions in a diversified manner....