Fairtree Asset Management, a multi-strategy alternative and long-term investment manager, has launched its second Irish UCITS fund, the Fairtree Global Listed Real Estate Fund, on the Prescient Global Funds ICAV platform.
ICAV, or Irish collective asset-management vehicle, is an “umbrella fund” enabling investors to choose between one or more investment objectives by investing in one or more separate funds offered by the ICAV.
The fund’s investment strategy is to provide investors with capital appreciation over the medium- to long-term, with exposure to international real estate assets. The portfolio will primarily focus on assets in Asia.
The firm’s existing Fairtree Global Real Estate Prescient Fund has converted into a Feeder Fund that will invest directly in the Irish UCITS, following regulatory approval by South Africa’s Financial Sector Conduct Authority (FSCA).
“Our fund features our top-down ‘three bites of the apple’ philosophy: F
