Purple Global Growth UCITS Fund launches on the MontLake UCITS Platform ICAV

Press Releases

Dublin, 27th May 2020 – Purple Strategic Capital Limited (“Purple”) and MontLake are pleased to announce the launch of the Purple Global Growth Strategy UCITS Fund on the MontLake UCITS Platform.

The Purple Global Growth Strategy UCITS Fund seeks to achieve capital appreciation over the medium to long term through a hybrid approach of direct investment in equities and collective investment schemes.  The fund will leverage the proprietary regime detection and quantitative stock selection capabilities of the firm to generate a “Global Growth” profile. The fund operates with daily liquidity. 

The fund will be led and managed by Symon Stickney, Colin Leggett and Dr Tony Wilkinson. This management team has over 50 years combined experience building and managing rules based and systematic strategies.

Cyril Delamare, CEO of MontLake commented:
“We are excited to be partnering with the team at Purple on the launch of their UCITS fund. We have known the team for many years and believe the interesting hybrid approach offers a unique return profile in this environment and compliments our wide array of product offerings.”

Symon Stickney, CEO of Purple commented:
“We are delighted to be launching the Purple Global Growth Strategy UCITS fund to sit alongside our existing risk-managed, award winning, Purple Global Adaptive Equity UCITS fund”.

About Purple

Purple is an award winning, digital, outcome-based investment manager launched in 2014  and currently manages c.$1.8 billion of assets across its range of funds and segregated accounts.

Purple leverages its group’s proprietary software solutions and talented team of professionals with over 350 years of combined institutional asset management experience.

About MontLake

Our vision is to be the investment fund industry’s most client-centric company. Founded in 2009, headquartered in Dublin with offices located across Europe, we combine world-class infrastructure solutions, with the world’s leading investment managers overseeing over $8 billion of assets, across a suite of products.

Providing our clients with access to world class and highly experienced investment managers via our expertise in structuring the most suitable European regulated fund structures to suit the investment strategy. We develop products that we believe will bring value to our investor base, by a research driven approach, selecting the best performing fund managers in the industry and providing strategies that complement our clients’ portfolios.

MontLake Management Limited is an Irish Super Management Company authorised by the Central Bank of Ireland both as a UCITS Management Company and Alternative Investment Fund Manager and has passported its services into Luxembourg, Germany, France and Malta.

MontLake Management Limited can support the launch of your fund either as a standalone structure or as a sub-fund on one of the multi-award winning MontLake platforms and is today managing UCITS, Alternative UCITS, Hedge Funds, Real Estate, Infrastructure and Private Equity.