NewAlpha Seeds Varus Fund Manager

Nov 4 2011 | 9:55am ET

Hedge fund seeder NewAlpha Asset Management has helped Heieck Siebrecht Capital Advisors push its assets under management to near US$100 million.

Zürich, Switzerland-based Heieck is the 17th hedge fund backed by Paris-based NewAlpha. The firm, whose Varus Capital Management's Varus Fund has posted an impressive 20.1% return this year, focuses on German stocks. The fund is up 46.7% since its debut two years ago.

Heieck did not specify the size of NewAlpha's seed investment. The firm had about US$680 million invested in 16 managers prior to the Heieck seed.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR