Scout Global Seeds HFs, Plans Fund Launch

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.”


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