Wednesday, 1 October 2014
Last updated 11 hours ago
Apr 9 2008 | 9:49am ET
Geneva-based asset manager NARA Capital has teamed up with Massena Advisors to market its flagship fund of hedge funds to German speaking markets.
The new vehicle, the Vermont Asset Finance Fund, is a specialized fund of hedge funds that invests in strategies such as factoring, purchase order finance, trade finance and collateralized corporate lending.
The fund launched last November and is up about 3.6% month-to-date. It is being marketed to clients in Switzerland, Germany, Austria and Liechtenstein.
“The events of the last six months were a ‘proof of concept’ that clearly underlines the product’s true de-correlation potential and steadiness of performance,” said Daniel Ghirardi, a managing partner at Massena. “This is the reason why we have decided not only to distribute their product, but also to invest a significant amount of our internal client’s assets into the fund.”
Nara Capital was founded in 2007 by Dominique Grandchamp and Louis Zanolin, both of whom previously worked for Peak Partners.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. 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…
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