UBP partners with Bain Capital for Article 8 fund launch

Sustainable long/short

Union Bancaire Privée has launched an Article 8 fund on its alternative UCITS platform U Access, in partnership with Bain Capital Public Equity.

U Access (IRL) Bain Capital Global Equity LS Sustainable UCITS will offer investors access to a long/short global equity strategy with ESG considerations integrated into its investment process. UBP described the fund as applying a "private markets approach to public markets" and said it will be focused on four sectors: financials, TMT, healthcare and consumer. The fund will charge investors a 1.5% management fee, along with a 17.5% performance fee with high-water mark, no hurdle. UBP partners with conservation experts to launch biodiversity restoration fund Co-CEO asset manageme...