Wednesday, 23 July 2014
Last updated 9 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…