Lazard Asset Management Limited (LAML) has launched the Lazard Global Thematic Focus Fund, a UCITS-compliant Fund seeks to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world.
Launches & Fundraising
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Risk Premia Fund (UCITS) with USD70 million of initial capital with a further USD1.1 billion in the strategy across a Cayman fund and separately managed accounts.
Värde Partners, a global alternative investment firm, has raised its 13th flagship vehicle, Värde Fund XIII, with USD2.47 billion in commitments.
Cindicator, an international fintech company, has launched the first quantitative crypto hedge fund powered by Hybrid Intelligence.
Napoleon AM has launched the Napoleon Bitcoin Fund, a Specialized Professional Fund under the French law, with daily liquidity, and one of the first regulated vehicles in the world offering exposure to the performance of Bitcoin, the main digital asset.
Neuberger Berman has launched the Neuberger Berman Macro Opportunities FX Fund, which aims to deliver positive returns of 5-6 per cent in excess of cash per annum before fees, primarily by exploring relative value across G10 currencies.
Five Star Funds, an asset management and advisory firm, has launched the Flamingo All Weather Fund, the first hedge fund of its kind to be based in Las Vegas, Nevada.
Adrian Lee & Partners (AL&P), an active currency and Global Macro Manager for institutional investors, has launched a Global Macro Alpha Fund, which seeks to generate consistent excess return through diversification of macro asset class, region and alpha source, while minimising risks and volatility.
New London-based investor, Inspirit Capital, is to focus on acquiring and transforming small and medium-sized businesses that are experiencing strategic, operational or financial complexities.
Robeco has launched Robeco QI Global Multi-Factor Bonds, a new strategy that builds on the company’s long history of factor investing in credits, in combination with its factor investing philosophy in the government bond market.