Wednesday, 25 November 2015
Last updated 58 sec ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…