Corazon Capital fund of hedge funds to invest with hard-to-access managers

*_Corazon Capital, a Channel Islands- and Geneva-based specialist
investment manager, has launched a fund that aims to take advantage of
the circumstances that have led managers of previously closed or hard
to access hedge funds to offer limited capacity to new investors._*
The Corazon Argentum Fund will aim for steady capital growth with low
to medium volatility and will target institutional and high net worth

Performance data based on composite returns from each of the 16
managers shows an annualised return since October 1998 of more than 15
per cent with volatility of six per cent.

The fund, which has a total capacity of USD400m and has targeted a
soft close date of 31 March, is available in sterling, dollar and euro
share classes. The minimum investment is USD400,000 for share class A,
and USD100,000 for share class B.

Corazon Argentum will be offered in two forms, a Cayman-domiciled open
ended fund and a UK-listed medium-term note structure offered by

Corazon Capital director Paul Meader (photo) says: 'The Argentum Fund
comprises the cream of the crop in terms of hedge funds managers.
Their superior skills have allowed positive returns in even the most
hostile markets, making them some of the most sought after funds in
the market. It is for this reason that most have not been open to new
investors for several years, so we are understandably delighted to be
able to offer these managers to our investors. Simply put, this is a
unique, once-in-a-cycle opportunity to gain access to the very best
talent that the hedge fund industry has to offer.

Corazon Capital, established in July 2008 through the management
buy-out of Dawnay Day Milroy, has USD1.2bn of client assets under
management in discretionary portfolios, institutional mandates and
multistrategy funds of funds, and has offices in Guernsey, Jersey,
Switzerland and the UK.