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

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR