Peter Webb, chief executive officer of Unicorn Asset Management, says ‘positive discussions are under way’ about establishing new funds for US and other overseas investors interested in seeking ‘value’ among AIM investments. He hints that American investors might be interested in steering sums in the region of $120 million (£61 million) into a vehicle for such investment, possibly a limited liability partnership, and surmises that Unicorn’s Osprey Income Fund might be reconstructed.

These talks come as Webb carries out ‘a thorough review of Unicorn’s strategy’. He argues that recent market falls have thrown up many potentially valuable investment opportunities among smaller and medium-sized companies, some of which are offering tempting yields.

Webb insists, ‘Value is back and my hunger is back’. He says he is also maintaining a ‘watching brief’ over his formerly star-performing Eaglet Investment Trust, where the private Knox D’Arcy Group and two overseas arbitrage specialists, QVT and Quintessence, gained board control last year.

Eaglet Investment Trust	LSE	£39.6m	179.00p	0.00p
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Other company articles:
A stable of winners			21/02/2008
Unicorn looks west			08/02/2008
Webb fights back over Eaglet			08/11/2007