Fulcrum Investment Group Set For India-Focused Fund

Dec 8 2005 | 5:06pm ET

Fulcrum Investment Group has teamed up with Dawnay Day AV Financial Services to launch an India-focused, multi-strategy fund, Fulcrum DDAV India Opportunity Fund. The fund is expected to launch Jan. 1.

The new offering will be advised by DDAV, which is based in Mumbai, India. The fund will invest in directional value and growth investments, long/short, market neutral equity, merger arbitrage and index arbitrage, and longer-term, private equity-like investments in emerging companies. The vehicle will primarily invest in publicly listed companies with a mix of large-cap, mid-cap and emerging companies.

Ravi Jain, formerly ceo of EGAR Technology and IVolatility.com, has been brought on to provide risk oversight for the fund.

The fund is being pitched to institutions and high-net-worth individuals. It is the first of several funds Fulcrum plans to launch in the region, said John Morris, managing member of Fulcrum.

“India has been one of the strongest growing markets recently. However, we are just at the beginning of a potentially long economic growth and expansion cycle in India,” Morris said. “The growth and economic reforms provide tremendous investment opportunities.” 


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...