Monday, 22 December 2014
Last updated 44 min ago
Apr 21 2010 | 7:49am ET
Alpstar Capital, a $2 billion European hedge fund manager, has launched its latest European-focused credit investment vehicle.
According to the firm, the Alper European Credit Fund is a more mainstream and diversified version of the company's original long-only loan fund, which was seeded in early 2008.
"We have decided to tightly focus our flagship product to better meet investor demand for a dedicated European credit fund,” said Bertrand Pinel, who became partner and CEO after joining the firm in January from Dresdner Kleinwort.
“Diversification of assets, good liquidity and a European focus were at the top of their list,” he said. “Our new fund not only answers that, but makes full use of our extensive credit knowledge in these markets.”
The new fund charges a 1.5% management fee and a 15% performance fee.
Alpstar Capital and its affiliates maintain offices in London, Geneva, and Madrid.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.