JV To Market U.S. Multi-Strat Hedge Fund Down Under

Apr 18 2008 | 12:59pm ET

Multi-manager shop Ipac and alternative investment firm Brookvine, have joined forces to introduce a U.S. fund of hedge funds manager, Prisma Capital Partners, to the Australian institutional market. 

Ipac is the first investor in the Prisma Global Multi-Strategy Fund, backing it with a US$160 million initial investment. Brookvine represents Prisma in Australia and will assist with its fund raising and investor relations.

Prisma was established in 2004 as a joint venture between a group of former Goldman, Sachs & Co. partners and AEGON USA Investment Management.  The firm currently manages more than US$4 billion for institutional investors.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…