Sunday, 29 November 2015
Last updated 1 day ago
May 17 2010 | 1:13pm ET
Swiss private bank and wealth manager Reyl & Cie. is adding another line to its list of services: hedge fund seeder.
The Geneva-based firm’s asset management arm has launched a fund of hedge funds in Ireland that will seed new hedge funds, as well as other early-stage hedge funds, HedgeWeek reports. The new Reyl Accelerator Fund is a joint-venture with seeding firm FRM Capital Advisors, with Reyl managing the fund and FRM sourcing, selecting and structuring the investments.
“Now is the best environment for hedge fund seeding in years,” Fabrizio Bucciolini, head of alternative investments at Reyl Asset Management, told HedgeWeek. “The Reyl Accelerator Fund will be able to benefit from the future growth of the hedge fund industry, while locking in attractive terms thanks to a scarcity of longer term capital.”
The new seeding fund aims to invest in a wide array of hedge fund strategies, among them directional trading, equity long/short, relative value and specialist credit, as well as more “idiosyncratic” strategies.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…