Castle Alternative Invest AG announces an Equity Buyback for 649,914 shares, representing 6.04% of its issued share capital.
June 01, 2016 at 12:00 am EDT
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Castle Alternative Invest AG announces a share repurchase program. Under the program, the company will repurchase up to 649,914 shares, representing 6.04% of its issued share capital. The shares will be repurchased via a second trading line.
Castle Alternative Invest AG is a Switzerland-based holding company engaged in the investment services sector. The Company specializes in hedge funds investments through its wholly owned subsidiaries Castle Alternative Invest (Overseas) Ltd and Castle Alternative Invest (International) Plc. In addition, the Company provides portfolio management, hedge fund analysis, screening and risk management. The Company invests in a diversified portfolio of hedge funds in four main strategy classes: event driven, commodity trading advisors (CTA)/macro, long/short equity, and relative value. The Company's investments are globally active, notably in Europe, the United States and Asia. Notable funds include Crown Managed Futures Master Segregated Portfolio; Discovery Global Opportunity Fund Ltd; Crown/NJ Segregated Portfolio; Zebedee Focus Fund Ltd; Third Point Ultra Ltd; Latigo Ultra Fund Ltd; Crown/Capeview Segregated Portfolio; and Tyrus Capital Opportunities Fund Ltd.