The launch from the London-listed hedge fund will be through SEB Prime Solutions, a Sicav umbrella platform for Ucits funds launched in September last year.
RAB was founded in 2000 as a focused specialist asset manager and has been publicly traded on London’s Alternative Investment Market since 2005. The Polaris Europe Fund’s long/short equity strategy has returned 19% annualised since 2003, according to RAB. The firm said it expects to raise €100m for the Ucits fund.