Reyl Asset Management, the asset management arm of Geneva-based wealth management firm Reyl, has launched an Irish fund of hedge funds that specialises in seed and early stage investments in hedge funds.
The Reyl Accelerator Fund will be advised by FRM Capital Advisors.
Designed by Fabrizio Ladi Bucciolini (pictured), head of alternative investments at Reyl Asset Management, the Reyl Accelerator Fund will provide seed capital to emerging hedge fund managers selected by FRM Capital Advisors.
The newly-launched fund will target a diversified portfolio including directional trading, relative value, equity long short, specialist credit and idiosyncratic strategy managers.
Reyl Asset Management will be responsible for managing the fund while FRM Capital Advisors, the seeding arm of Financial Risk Management, will be sourcing and structuring the investment opportunities.
“Now is the best environment for hedge fund seeding in years,” says Bucciolini. “The Reyl Accelerator Fund will be able to benefit from the future growth of the hedge fund industry, while locking in attractive terms thanks to a scarcity of longer term capital. We are very excited about this joint venture with FRM Capital Advisors, as we believe that they are one of the very few groups with the scale, experience and the dedicated resource necessary to succeed in seeding hedge funds in a scalable manner.”
