Wednesday, 22 October 2014
Last updated 34 min 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."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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