Brazilian Firm Launches Regional Fund Of Hedge Funds

Feb 25 2008 | 11:13am ET

Arsenal Investimentos, a Brazilian investment boutique, has begun marketing a fund of hedge funds focused on its home country with a US$300 million target capacity. First Avenue Partners is the fund’s third-party marketer.

The Arsenal Fund includes discretionary macro, equity hedge, discretionary trading, special situations, fixed-income, equity arbitrage and long/short equity managers. There are currently 350 single managers in Brazil, with the number increasing steadily, according to Arsenal. As of the middle of last year, the Brazilian hedge fund industry managed US$155 billion in total assets.

“Brazil is amongst those emerging markets showing strong economic growth, controlled inflation, increased access to credit and projected continuing economic expansion,” Roger Wright, founder and CEO of Arsenal Investimentos, said. “In addition, it is acknowledged that the hedge fund industry is small compared to the size of the total market and therefore Brazil should be one of the most attention-grabbing areas for investors interested in emerging markets.”

The Arsenal Fund charges a minimum investment requirement of US$500,000, a 1.5% management fee are per annum and a 10% performance fee.

Arsenal Investimentos and its affiliates currently advise on US$1.7 billion in total assets.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note