Funds
Deutsche Bank and Financial Risk Management (FRM) have announced a partnership to launch the industry’s first hedge fund seeding managed account platform.
The dbalternatives Discovery platform, based on Deutsche Bank’s established and award winning dbalternatives managed account platform, extends the investor protection afforded by its managed account framework into the hedge fund seeding arena. Developed in 2002, the dbalternatives managed account platform addresses hedge fund investor concerns regarding fraud, transparency, liquidity and independent valuation.
The aim of hedge fund seeding is to identify and invest in the funds of select emerging hedge fund managers and to provide strategic guidance
Former Liontrust Asset Management CEO Nigel Legge’s new firm Vinculum has launched the IM Vinculum Global Equity fund, a Ucits-compliant product.
London-based Vertex Capital Management has migrated its Vertex Evolution Ucits fund to Point Nine’s Circle.2 cloud-based middle and back office s
Swiss-based Alix Capital, provider of the UCITS Alternative Index has found its latest UCITS Alternative Index Industry Survey Q1 2012 that the majority of investor respondents are wi
RiverCrest Capital, the absolute return firm established by Sir John Beckwith’s Pacific Investments last year, has launched its second offering with the
CVC Capital Partners and Resource America Inc have signed an agreement to combine CVC Cordatus Group and Apidos Capital Management to form CVC Credit Partners.
Led by Marc Boughton, Managing Partner, CVC Credit Partners will comprise USD7.5bn of credit assets across 21 vehicles in the US and Europe. Gretchen Bergstresser and Jonathan Bowers will be Senior Portfolio Managers alongside Group COO, Chris Allen. Jonathan Cohen, CEO of Resource America, will be Chairman. Resource America will retain a 33% interest. The transaction is subject to regulatory and other market consents. CVC Capital Partners was advised by Clifford Chance LLP in London and
RiverCrest Capital, the absolute return fund management business established by Sir John Beckwith’s (pictured) Pacific Investments in 2011, has rolled out its second offering with the launch of the European Equity Alpha Fund.
The Fund’s objective is to achieve consistent and uncorrelated absolute returns of 12-15% (net of fees) with a target volatility of 5 – 8%, whilst preserving investor capital. The European Equity Alpha Fund is UCITS registered and operates via Morgan Stanley’s FundLogic Alternatives Platform.
The Fund is managed by Giles Worthington and Tim Short, who each have over 16 years’ experience in the European equity market,
The development of the UCITS framework and this year’s introduction of UCITS IV, which came into effect on July 1, will serve to enhance Luxembourg’s position as Europe’s largest
Neuberger Berman has decided to launch a short duration high yield bond UCITS reported Citywire Global this week
As we look back on what can best be described as an eventful 2011, which strategies have managed to fare the best?
