Tilney Investment Management, Tremont Capital Management Inc. and Société
Générale announce the launch of Opal Notes Series 2, the second in a series of
guaranteed product linked to the Opal Alternative Growth Fund.
The notes are available in both US dollars and Euros with target annualised returns of 16 per cent for Opal Notes Series 2 and 22 per cent for Opal Notes Series 2 “Premium”, (Opal Notes Series 2 ‘Premium’ are identical to the Opal Notes Series 2 but offer greater growth potential through two times leverage provided by Société Générale). The offer period runs until December 8th. The issue is not available to investors in the UK.
Investors in the Opal Note Series 2 note will have an increased investment exposure to the Opal Alternative Growth Fund of up to 190% combined with a capital guarantee
provided by Société Générale.
Opal is the alternative investments division of Tilney Investment Management, the UK
based fund manager which is part of the REFCO group. The Opal Alternative Growth Fund is a multi-strategy fund of hedge funds advised by Tremont.