Hedge Fund Firm Galtere Expands to Europe

Jul 6 2010 | 7:45am ET

New York-based alternative investment firm Galtere is expanding overseas with the launch of a new European arm. 
 
The firm, which manages over $1 billion in assets, has appointed Werner Schuenemann to manage the new operation, which is based in Zug, Switzerland. Additionally, Werner has assumed the newly-created role of international head of business development and investor relations. His focus will be on managing and developing the firm’s institutional investor base in Europe, the U.S., the Middle East and Asia. Galtere’s investment management, trading and research functions will continue to be run out of New York.
 
Werner has over 25 years of investment and financial services industry experience, having held global head of sales and distribution roles at a variety of alternative investment firms, most recently Swiss Alpha and Pamplona Capital.

Galtere specialises in commodity-based global macro strategies. Its flagship strategy, managed by founder and chief investment officer Renee Haugerud, has an 11-year track record and has delivered nine consecutive years of positive returns. The strategy identifies three to five major multi-year global themes, and chooses around 35 individual positions with a one-year investment horizon.
 
Galtere also runs a separate specialist vehicle, which is differentiated from the flagship strategy by its three-year time horizon. This strategy aims to exploit long term imbalances in commodity trades, and investments typically involve a steep discount, and are held through to maturity if required.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.