Emerging Markets Shop Launches FoHFs

Jul 1 2008 | 10:18am ET

Emerging markets specialist Wittenham Investment Management has launched a fund of hedge funds with exposure to frontier markets such as Africa, Middle East and the former Soviet Union.

The Singapore-based firm’s MENA Plus fund will start trading with at least US$7 million seed capital and has a capacity of US$300 million, according to Reuters.

“In the emerging Europe, Middle East, and African time zone, we've found plenty of experienced managers creating very attractive risk-return profiles,” said Peter Douglas, an adviser to the fund and founder of hedge fund consultancy GFIA, said in a statement.

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    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…