Vivaris launches new multi-strat hybrid fund

Puerto Rico-based Vivaris Capital is targeting up to $500 million for its latest fund with about $150 million in its sights for this year.

The new VICAN Fund is a unique hybrid hedge and private equity structure that will be focused on building businesses in climate tech and life sciences.

"We aim to be the disruptor the industry needs at a time when investors seek the security of an investment grade instrument combined with the upside associated with private equity,” said Vivaris President and Chief Executive Officer J. Christopher Mizer, in a statement . . .

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