Tuesday, 31 March 2015
Last updated 2 hours ago
Mar 18 2008 | 12:15pm ET
Newly-formed asset manager Athamas is gearing up to launch its maiden hedge fund to take advantage of opportunities in the cleantech space.
The fund, Athamas SICAV-SIF, will launch on April 15 with $35 million in seed capital.
The long/short fund will invest in equities and derivatives globally with a focus on the U.S. and Europe, according to a fund document obtained by FINalternatives.
The Luxembourg-based fund will make opportunistic bets on companies directly exposed to climate change mitigation: i.e. energy efficiency, auto transport and efficient buildings. In addition, Athamas will also opportunistically invest in commodities.
The partners at Athamas believe that the energy and environmental sectors will be key in the twenty-first century as awareness of global warming leads to new regulations and business initiatives.
The administrator and custodian of the new fund is Fortis Banque Luxemburg and its prime broker is Goldman Sachs.
Athamas was founded in January by Thomas de Mevius, chairman and formerly of UBS Investment Bank London, and three partners: Fabrice Queguineur, formerly of UBS Investment Bank London; Damien Dumont, formerly of Groupama Asset Management; and Jean-Francois Vincke, formerly of Riverlake Shipping.
Mar 9 2015 | 6:35am ET
As 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…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…