Driehaus International Credit Opportunities Fund
Driehaus International Credit Opportunities Fund seeks to provide positive returns under a variety of market conditions. It will hold long and short positions in a variety of developed and developing market fixed-income instruments. It may use derivatives to hedge its exposure. The fund will be non-diversified in terms of both the number of securities held and the number of nations or regions represented in the portfolio. Its annual portfolio turnover is estimated to be 100 – 300%. The fund will be managed by Adam Weiner who has managed emerging markets fixed income and currency strategies for Oppenheimer and Frontpoint Partners/Morgan Stanley. In 2011, he joined Driehaus as a portfolio manager for international credit-oriented strategies. He is not a member of the team which runs Driehaus’s other two “nontraditional bond” funds. $10,000 minimum initial investment. Expenses not yet set.