Seeder NewAlpha Preps Fourth Fund

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.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of