Monday, 30 November 2015
Last updated 19 min ago
Jun 23 2010 | 11:41am ET
Hedge fund seeder NewAlpha Asset Management is targeting European institutions with its latest fund.
The Paris-based firm hopes to raise €200 million from such investors for its fourth seeding fund, it said in a statement. The firm, which has US$480 million invested in 14 early-stage hedge fund managers, expects to complete fundraising by October.
The firm most recently invested in G Capital Management, a New Jersey hedge fund founded last year by former Goldman Sachs trader Peter Gerhard.
“These early-stage managers deliver higher returns, mainly due to their relatively pure investment style and their adaptability to increasingly turbulent market conditions,” Antoine Rolland, CEO of NewAlpha, said.
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…