NewAlpha Backs Ex-Nomura Team's Hedge Fund

Jan 15 2013 | 1:08pm ET

Hedge fund seeder NewAlpha Asset Management has invested in its 20th seedling.

The Paris-based firm picked LindenGrove Capital, founded last year by a pair of former Nomura Holdings traders, for the honor. London-based LindenGrove is a discretionary macro shop focused on inflation products, interest rates, credit and foreign exchange.

LindenGrove was set up by Borut Miklavcic and Gianluca Squassi, and features five other Nomura veterans, including portfolio managers Tom Groves and Ravin Seeneevassen. In September, LindenGrove said it hoped to raise US$500 million in its first year; the fund has a capacity of US$1 billion.

“Borut and his team at LindenGrove offer a very exciting investment opportunity for sophisticated investors by bringing a considerable expertise in deploying successfully capital across global macro strategies,” NewAlpha CEO Antoine Rolland said. “We strongly believe that, in a zero-percent rate world, investors are looking to diversify their fixed income allocations and will look for those kinds of opportunities."


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of