William Blair IM pulls UCITS China offering following 'key investor' withdrawals
investmentweek.co.ukA spokesperson from the company said the assets in the fund became «too few to keep the fund alive» following investors pulling their capital.
The fund closed in November 2023, less than three years following its launch in December 2020, as a result of «key investors eliminating their allocation», Investment Week understands.
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Casey Preyss and Vivian Lin Thurston were the fund managers and invested in 30-70 China A-shares growth companies.
Assets in the fund became «too few to keep the fund alive» following investors pulling their capital, however, the fund is still offered in separate accounts and LPs.
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According to the fund factsheet, the vehicle lost 21.4% from its inception to 30 September 2023.
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