Wednesday, 1 October 2014
Last updated 9 hours ago
Jul 25 2011 | 7:54am ET
Luxembourg-based Next Generation Absolute Return, a specialized UCITS investment management business, has launched the Next Generation UCITS Boutique Select Venture.
The venture targets specialized boutique investment management firms with a proven non-UCITS alternatives fund management track record and gives them “a complete UCITS solution,” including a mandate to manage a UCITS fund, early stage capital— provided by the Next Generation ACATIS UCITS Boutique Select Fund, managed by German-based ACATIS Investment—and marketing.
Next Generation will source managers via a number of channels including the portfolio of managers seeded by leading hedge fund investors. Managers will be vetted and screened by a Next Generation committee headed by Arnold Sternberg, former head of seeding and hedge fund investments for aeris CAPITAL.
Portfolio construction and final manager selection will be the responsibility of a Next Generation investment team headed by ACATIS Investment CEO, Hendrik Leber.
“The idea for the venture originated from the recent and successful launch of the Next Generation Secquaero ILS Fund, where Secquaero Advisors was selected as the funds advisor based on their proven and successful non-UCITS ILS fund management track record,” said Leber in a statement.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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