A pair of JPMorgan Chase veterans have launched a fixed-income hedge fund focused on the former Soviet Union.
Alcantara Asset Management was founded last year by Sergey Grechishkin and Andrei Taskin. Its maiden fund, which debuted three months ago, invests in Russia, Kazakhstan and Ukraine, the three largest economies in the Commonwealth of Independent States.
“It’s a very under-serviced market,” Grechishkin told Euromoney. “There are very few specialists in CIS debt.”
Alcantara is regulated by the U.K. Financial Services Authority.