Thursday, 31 July 2014
Last updated 1 hour ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…