NewAlpha Backs Ex-Nomura Team's Hedge Fund

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."


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of