Canadian Seeder To Make First Commitments

Jun 10 2008 | 2:00am ET

Accelerator Capital, the $150 million seeding joint venture between Arrow Hedge Partners and Marret Asset Management, is making its first commitments to a pair of Canadian long/short managers.

The fund was launched in January and has been performing due diligence onmanagers in  North America and other areas, according to Peter Rizakos, president. This summer, the fund will invest in a niche sector long/short stratgey and a more generic strategy, he said, adding that the fund is agnostic in terms of prospective strategies.

However, Rizakos said the fund is currently not reviewing any commodity-based or managed future strategies, given the lack of interest and the background of the group.

All told, the concentrated fund will look to invest in five to eight managers, and share in their revenue. Rizakos said the fund hopes to deploy the rest of its capital over the next 12 months, approximately.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...