Legal info

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The visitor acknowledges having read these Legal Notices and undertakes to respect them by consulting

Site editor

This site is operated and published by Boussard & Gavaudan Investment Management LLP, which is part of the Boussard & Gavaudan Group.

Boussard & Gavaudan Investment Management LLP is an investment management firm, which is authorised by the Financial Conduct Authority (FCA) under the firm reference number 612226. Boussard & Gavaudan Investment Management LLP is registered as an Investment Adviser with the Securities Exchange Commission (SEC) in the United States of America.

The following entities are members of the Boussard & Gavaudan Group :
Boussard & Gavaudan Asset Management LP is a limited partnership, with a registered address at One Vine street, London W1J 0AH. Boussard & Gavaudan Asset Management LP is an investment management firm, which is authorised by the Financial Conduct Authority (FCA) under the firm reference number 216849.

Boussard & Gavaudan Gestion SAS is an asset management company, authorised by the Autorité des Marchés Financiers (AMF) with the authorisation number GP03008.

The publication director is Emmanuel Gavaudan, Director of Boussard & Gavaudan Partners Limited, acting as Managing Member of Boussard & Gavaudan Investment Management LLP.


The hosting of is provided by Boussard & Gavaudan Gestion SAS.

Access to the site

The user of this site acknowledges having the skills and means necessary to access and use this site. The Boussard & Gavaudan Group cannot be held responsible for any damage that may be suffered by the user's technical environment and in particular, his computers, software, network equipment and any other equipment used to access or use service and / or information. The costs of access and use of the telecommunications network are the responsibility of the customer, in accordance with the terms set by its access providers and telecommunications operators.

Intellectual property

The Boussard & Gavaudan Group is the owner, or holder of the rights, of all the elements that make up this site, in particular the data, drawings, graphics. Any reproduction, representation, distribution or redistribution, in whole or in part, of the content of this site by any means whatsoever without the express prior authorization of the Boussard & Gavaudan Group is prohibited.

Site content

This site does not in any way constitute a solicitation or an offer to buy or sell securities. BOUSSARD & GAVAUDAN reserves the right to correct the content of this site at any time and without notice. In addition, BOUSSARD & GAVAUDAN declines all responsibility in the event of delay, error or omission in the content of these pages as well as in the event of interruption or non-availability of the service. The information cited cannot be considered exhaustive. Consequently, these must be the subject of verification or research for additional information. BOUSSARD & GAVAUDAN cannot be held responsible for any decision taken on the basis of information contained on the site, nor for the use that may be made of it by third parties.


The user is informed that during his visits to the site, a cookie may be installed automatically and be temporarily stored in memory or on his hard drive. A cookie is an element which does not allow the user to be identified but is used to record information relating to the user's navigation on the website. Site users acknowledge having been informed of this practice and authorize BOUSSARD & GAVAUDAN to use it. They can disable this cookie through the settings in their browser software. Warning regarding downloading and printing: Visitors can download or print certain information from this site. Only the information presented on the site is authentic. The visitor is solely responsible for the loss of data, a possible virus or bug, as well as any difficulties of any nature whatsoever resulting or which may result from the download.

Applicable law and attribution of jurisdiction

This site is governed by English law and all disputes will fall under the jurisdiction of the courts within the jurisdiction of England.

Examination of complaints

The customer visitor is informed that his complaints can be sent by mail to the attention of his account manager or manager, or failing that to the address of the head office at 1 Vine Street, London W1J0AH, United Kingdom.

Hypertext links

The hypertext links to other sites do not engage the responsibility of BOUSSARD & GAVAUDAN, in particular with regard to the content of these sites.


Design, development and maintenance:
Agence digitale Paris 6LAB


You must read this before proceeding, as it explains both the legal and regulatory restrictions which apply to the information contained and investment products referred to within this Website.

Nothing on this Website shall be considered a solicitation to buy or an offer to sell a security, or any other product or service, to any person in any jurisdiction where such solicitation, offer, purchase or sale would be unlawful under the laws of that jurisdiction.

No investment recommendations or professional advice; use of tools. This Website is not intended to provide any tax, legal or investment advice, and nothing on the Website should be construed as a recommendation, by us or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. You alone are solely responsible for determining whether any investment, security or strategy or any other product or service, is appropriate or suitable for you based on your investment objectives.

None of the information, whether in part or full, should be copied, reproduced or redistributed in any form nor should it be regarded as an offer or a solicitation of an offer for investment in the United States. No shares in these funds may be offered or sold to US Persons (as more fully defined in the latest Fund prospectus) or in any other country, state or jurisdiction where it would be unlawful to offer, solicit an offer for or sell such shares.

The information on this Website is issued and approved by Boussard & Gavaudan Investment Management LLP and does not, in any way, constitute investment advice. If you are in doubt about any of the information on this Website, please consult your stockbroker, solicitor, accountant, bank manager or other independent financial adviser.

The prices of shares and units and income therefrom can go down as well as up, and you may not get back the full amount invested. Past performance is not an indicator, nor a guarantee of future performance. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, performance may also be affected by currency fluctuations.

This website is intended to be of general interest only and does not constitute legal or tax advice nor is it an offer for shares or invitation to apply for shares of any fund managed by Boussard & Gavaudan. Nothing in this website should be construed as investment advice. Boussard & Gavaudan has exercised professional care and diligence in the collection of information in this website. However, data from third party sources may have been used in its preparation and Boussard & Gavaudan has not independently verified, validated or audited such data. Given the rapidly changing market environment, Boussard & Gavaudan disclaim responsibility for updating this material. Boussard & Gavaudan shall not be liable to any user of this website or to any other person or entity for the inaccuracy of information or any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.

board of directors

Board of directors

Erich Bonnet | Luke Allen | Sylvie Sauton | Fred Hervouet




For Investors and Shareholders:
Emmanuel Gavaudan I Tel: +44 (0)20 3751 5400

All contacts



By clicking the "SUBMIT" button above you certify that you are an individual resident in the country stipulated by you above.

Boussard & Gavaudan Holding Limited (the "Company") is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht).

The Company, as issuer, is publishing this information pursuant to Article 21 of the EU Prospectus Regulation and FCA Rules PRR 3.2. The information contained in this website does not constitute a financial promotion, an offer of, or the solicitation of an offer to buy or subscribe for, ordinary shares of the Company (the "Securities") in the United States or to any person in any other jurisdiction to whom or in which such offer or solicitation is unlawful and, in particular, is not for distribution in Australia, Canada, Denmark, Japan, Italy or the United States.

The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). Any offer and sale of the Securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of Australia, Canada, Denmark, Japan, Italy, the United States or any state thereof or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, Denmark, Japan, Italy or the United States and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration requirements and under circumstances which will not require the Company to register under the Investment Company Act. No offering of Securities of the Company is being made in the United States. In addition, any person who (i) is a US person (as defined in Regulation S of the Securities Act) or (ii) is not a Non-United States person (as defined in the Commodity Futures Trading Commission Rule 4.7(a)(1)(iv)) is prohibited from purchasing the shares at any time, including on the secondary market, unless such person is a qualified purchaser (within the meaning of Section 3(c)(7) of the Investment Company Act). No public offering of Securities will be made in the United States. Any Securities offered and sold outside the United States are being offered in reliance on Regulation S under the Securities Act.

Neither the information contained in this website nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. The price of investments and the income may fall as well as rise and investors may not get back the full amount invested.

The price of the Shares will be determined by supply and demand in the market as well as NAV per Share. The market price of the Shares is therefore likely to fluctuate and may represent either a premium or discount to NAV per Share.
no guarantee of future results.