Finvest Wins $2.5 Billion Private Equity Mandate

Jan 2 2009 | 12:00am ET

Zurich, Switzerland-based Finvest Asset Management has been awarded a $2.5 billion allocation for investment in private equity.

According to the firm, the recession, negative sentiment, and the credit crunch, have all combined to create significant value opportunities.

The fund will seek to allocate capital to between 25 and 100 European and U.S. companies, with each allocation ranging in a value of between $10 million and $250 million. The new fund's time horizon will be between 3-5 years, although liquidity will be an important criteria in assessing risk. Companies below a $200 million market capitalization will not be discounted, however, the fund will be favorably disposed towards companies with higher market capitalization levels, and which exhibit a high percentage of outstanding shares.

"While we are not looking to cut corners on due diligence, we are looking to fast track the allocation process, so that we can take advantage of a market which has been beaten to shreds," said Finvest portfolio strategist Mayer Greenwald.

Last year Finvest won a $300 million mandate which will be separately invested in a fund of hedge funds.

Related Article:

Finvest To Pump $300M Into Funds of Hedge Funds


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note