FOR IMMEDIATE PUBLICATION – Wednesday 21 May 2014
The Bahamas International Securities Exchange (BISX) is pleased to announce that the Hudson Investment and Arbitrage Fund Limited, and Fitpart Diversified Strategies Professional Fund Limited have successfully completed the BISX Mutual Fund Listing Process and have now been added to the roster of funds listed on the Exchange.
Hudson Investment and Arbitrage Fund Ltd is a Professional Investment Fund under the Investment Funds Act, 2003 incorporated under the International Business Companies Act, 2000. This Fund is a non diversified, open ended investment fund, which seeks capital appreciation by investing in a variety of instruments and financial products.
Fitpart Diversified Strategies Professional Fund Ltd is also a Professional Investment Fund and is incorporated under the International Business Companies Act, 2000. This Fund is a non diversified, open ended investment fund, which seeks capital appreciation by investing in a variety of instruments and financial products.
BISX Chief Executive Officer; Keith Davies commented on the listing of the Mutual Funds. “We are pleased to add two new mutual funds to our Mutual Fund Listing Facility and are pleased that Credit Suisse Nassau Branch has offered our Mutual Fund Listing Facility as a value added service to its clients.”
Credit Suisse, AG, Nassau Branch served as the BISX Sponsor Member that brought these Funds to the Exchange. BVC Services Limited is the Investment Manager for Hudson Investment and Arbitrage Fund Ltd, and Credit Suisse AG, Nassau is Investment Manager for Fitpart Diversified Strategies Professional Fund Limited. Credit Suisse AG, Nassau Branch has been appointed as the Administrator for both funds.
NOTE: Attached to this Press Release is the BISX Formal Trading Notice for Hudson Investment and Arbitrage Fund Limited, and for Fitpart Diversified Strategies Professional Fund Limited. These notices advise the public of the securities to be listed on the Exchange and the trading symbol of the listed securities.
For Additional Information Contact:
Elude Michel-Sturrup
Tel: 242-323-2330
Fax: 242-323-2320
Email: info@bisxbahamas.com