Värde Partners, a global alternative investment firm, has raised its 13th flagship vehicle, Värde Fund XIII, with USD2.47 billion in commitments.
Launches & Fundraising
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.
HSBC Global Asset Management (HSBC GAM) has launched the HSBC GIF Asia High Yield Bond Fund, which aims to provide long term total return by investing in a portfolio of high yielding Asian bonds.
Asian private equity firm NewQuest Partners has held the final close of its fourth dedicated secondary fund, NewQuest Asia Fund IV with over USD1 billion in total commitments, surpassing its initial target of USD850 million.