Canadian Firms Launch Hedge Fund Seeding Vehicle

Feb 5 2008 | 2:11pm ET

A pair of Canadian firms have launched a hedge fund incubator fund, calling it the “first of its kind” in the country.

Arrow Hedge Partners and Marret Asset Management unveiled the Accelerator Capital Fund today. The new offering will invest in early-stage hedge funds across a variety of strategies, including long/short equity, relative value, event-driven and global macro.

The fund, managed by newly-minted Accelerator Capital Management President Peter Rizakos, has already raised about $150 million from institutional investors. It plans to invest in up to 10 managers.

“Both Arrow and Marret have extensive experience in identifying top hedge fund managers and in seeding and managing early-stage hedge funds,” Marret CEO Barry Allan said. “We realize that the initial capital is often the most difficult to obtain. Accelerator will provide this and more, including operational and risk management support and capital-raising assistance.”


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.