La Française AM Seeds Asset Manager Swell AM

Jan 10 2012 | 12:52pm ET

La Française AM (formerly UFG-LFP group), a French asset manager with over €30 billion AUM, will stake two of its former employees in their new venture: Swell AM, a boutique asset manager.

The new venture will be headed by Olivier Ramé, the former head of alternative investments at La Française des Placements (which became part of La Française AM in July 2009) and Jean-Philippe Collin, a former portfolio manager at La Française des Placements.

Ramé and Collin have received US$115 million in seed funding from La Française AM for their new enterprise which will manage two global macro UCITS IV funds. La Française AM will take a 25% stake in the new firm and allow it to use the IT, middle and back-office infrastructure of its asset management arm.

Ramé will serve as president of Swell AM, focusing on business development and risk management while Collin becomes chief investment officer.

Said Ramé in a statement, “Thanks to our backgrounds, values and skills, Swell AM will construct and promote innovative products that combine unbiased analysis, independent investment process, market reactivity and risk management discipline. Our goal will remain to offer attractive risk-reward returns with no structural correlation to financial markets.”

Xavier Lépine, chairman of La Française AM's board of directors, told Investment Europe: "Swell AM's venture focusing on tactical asset allocation is pertinent for us, and more importantly we have seen the quality of Ramé and Collin's work over the course of several years. This is why we agreed to work with them on this project by proposing a partnership deal.”


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.