Man Seeder Backs Ex-Highbridge, Citadel Asia Manager

Jan 30 2013 | 2:42pm ET

The Man Group's FRM Capital Advisors hedge fund seeding business will invest in six-month old hedge fund helmed by a Highbridge Capital Management and Citadel Investment Group veteran.

FRM will make a "significant investment" in Hong Kong-based Arena Capital Management. The fund is headed by Toby Bartlett and focuses on Japan and other northern Asia stocks.

FRM did not specify how much it would invest in Bartlett's fund.

"We see this both as an opportunity to be able to generate alpha in what is traditionally a less-researched market by hedge funds where greater inefficiencies will allow managers that do in depth analysis to create an edge," FRM's seeding chief, Patric de Gentile Williams, said.

Bartlett founded Arena last year. He was formerly an Asian stock manager at Highbridge and, prior to that, served as a Japan-focused stock manager at Citadel.

The Arena seed is FRM's first investment since Man acquired it in May.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

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

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...