NewAlpha Asset Management has announced the fifth and final incubation partnership between French seeding fund Emergence Performance Absolue and BlueHive Capital.
Like its previous two investments, Emergence invested at the inception of the BlueHive Opportunities – Global Alpha, giving it an institutional visibility and sufficient size to meet the needs of French and international institutional investors.
Authorised under the new AIFM Directive, this new fund invests in various Event driven strategies, including special situations and M&A situations.
The investment process, which has been implemented since 2005 at Natixis CIB by BlueHive’s founding partners, researches investment opportunities in listed companies.
Approved by the AMF in early 2014, BlueHive Capital was created by Sébastien Boucher, Alexandre de Sagazan and Cyril Slama. Since, they have been joined by four other experienced professionals who were part of the team led by Sébastien Boucher within the equity derivatives team at Natixis CIB from 2005 to 2012.
With the sub-fund Performance Absolue now fully invested, Emergence and NewAlpha are focusing on launching a second seed fund, specialising in European and French equities.
