Thursday, 2 October 2014
Last updated 15 min ago
Jul 22 2013 | 1:39pm ET
Scout Global Funds, an Australian family office, has seeded new hedge funds and plans to launch a fund of its own.
Founded in Sydney from a family office in 2006 to invest in global emerging systematic trading managers via managed accounts, Scout co-seeded Romanesco Capital with the Netherlands' IMQ earlier this year. Now it has invested in Europe-based Aquantum, U.S.-based Modus Quantitative Solutions and Centurion Investment Management, and plans to invest in U.S.-based Flyberry Capital, reports Opalesque.
"Scout is taking the opportunity to invest in some extraordinary talent with little competition from other investors willing to take early-stage risk,” said Oliver Alliker, director of the firm. “It is easier perhaps, to invest in a manager with a 10-year track record; however, with the right tools, systems and processes, we think the risk associated with early-stage investment can be mitigated and the advantage turned back in favor of the end investor.”
Scout also has plans to launch a Bahamas-domiciled fund in Q4, a “co-op-style” fund which Alliker said would allow outside investors “to invest alongside Scout at a minimal cost, not to generate fees but to achieve economies of scale and enhanced buying power.”
Oct 2 2014 | 9:16am ET
Gregory Barrett is a principal at Dyal Capital Partners, which takes minority equity stakes in established hedge fund managers—those with assets under management of $1.5 billion to $6 billion. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...