Next Generation Launches UCITS Boutique Venture

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.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note