Wednesday, 1 April 2015
Last updated 8 hours ago
Jan 15 2013 | 12:08pm 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."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…