Alpstar Capital Launches European Credit Fund

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.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of