Samena, Swiss Private Bank Join Forces On Seeding

Apr 19 2011 | 1:28am ET

Hong Kong hedge fund Samena Capital has entered a joint-venture with Reyl & Cie that will see its hedge fund seeding business combined with the Swiss private bank's "wealth and asset management expertise."

Reyl is buying 50% of Samena's Asia Managers seeding business. The deal will see the firms pooling their resources to expand seeding activity, develop infrastructure, run managed accounts and develop bespoke products, the two firms said.

"Samena Capital provides Reyl & Cie with an ideal platform to further their ambitons of penetrating the [India, Asia, Middle East and North Africa] region," Samena Capital's chairman, V-Nee Yeh, said. "In return, Reyl & Cie offers Samena Capital extensive knowledge in mutual fund management and European distribution with strong emphasis on best-in-class processes and compliance, as well as investment expertise that originates from four decades advising European clients."

Samena, which currently has about US$400 million in assets under management, is currently raising its second special situations fund.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

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

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

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.