Emerging Europe Hedge Fund Launches Ukraine Fund

Apr 5 2012 | 12:21pm ET

SG Alpha, which specializes in emerging European markets, has launched a new hedge fund dedicated to one.

The SG Alpha Ukraine Fund debuted on April 2 with $10 million, provided by European institutional investors, HFMWeek reports. The firm expects the fund to hit $100 million within two years.

SG founder Steffen Gruschka has been investing in the Ukraine for more than a decade, and the new fund aims to profit from the country's low price/earnings ratios and a possible free-trade agreement between it and the European Union.

SG was founded in 2009 and currently manages the SG Alpha Emerging Europe Fund.

Gruschka worked at Deutsche Bank prior to founding SG.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note