Parametric Portfolio Associates and Research Affiliates have partnered to provide a systematic global macro strategy to institutional separate accounts. "Our clients desire liquid alternative solutions that provide attractive, diversifying returns in a cost-effective manner. Parametric is leveraging its partnership experience
NewStar Financial has closed the NewStar Berkeley Fund CLO, a USD505 million middle market collateralised loan obligation managed for qualified institutional investors. The Berkeley Fund is the fourth credit fund sponsored by NewStar to co-invest in middle market commercial loans
USCF has launched the company's first mutual fund, the USCF Commodity Strategy Fund, with SummerHaven Investment Management, a Stamford, Connecticut based commodity trading adviser. The mutual fund will initially offer two share classes: A shares and I shares. The
Softbank’s decision to choose a Jersey-based financial services company to administer its USD100 billion technology fund is expected to lead to more funds domiciling in the island. The Softbank Vision Fund was launched in October 2016 with the aim of
Alternative investment manager FS Investments has launched its first closed-end interval fund, FS Energy Total Return Fund, which seeks to generate an attractive total return by investing in the equity and debt securities of public and private energy and energy
Arqaam Capital, an emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led strategy and diversification into the alternatives space. The Arqaam Global Macro Fund (AGMF) is a global macro systematic fund invested in
Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, is to launch the Old Mutual Style Premia Absolute Return Fund (STAR) at the beginning of December. The Ireland-domiciled UCITS fund will be the latest addition to the business’s suite
Aberdeen Asset Management has launched the Aberdeen Alternative Diversified Equity Fund (AADE) which aims to generate capital appreciation with limited correlation to traditional equity markets by blending a portfolio of equity-related alternative strategies. The fund offers investors access to high quality alternative
Ultimus Fund Solutions has been selected to launch and service the Peachtree Alternative Strategies Fund, a non-exchange traded closed-end fund. The fund, which originally started as a private fund of hedge funds, converted to a registered 1940 Act investment company,
Brazilian investment manager Captalys has launched its first offshore fund with the support of Apex Fund Services as administrator. Captalys has BRL1.5 billion in AUM and invests in Brazilian private credit. The onshore fund has a six-year track-record (returning
