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Optima Fund Management – Scott&#39s Cove Fund

Thursday, 12 April.



Scott&#39s Cove Fund

Type: Offshore hedge fund.

Aim: Growth by investing in financially distressed companies, bankrupt companies, companies undergoing reorganization or recapitalization in the US.

Minimum investment: $250,000.

Place of registration: Bermuda.

Investment split: Distressed debt 30-60 per cent, bankrupt and defaulted debt 30-60 per cent, high yielding debt 0-30 per cent, equities 0-20 per cent.

Isa link: No.

Charges: Annual 1 per cent.

Commission: Subject to negotiation.

Tel: 001 441 2958658.

 

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