Gerken Capital Associates, a San Francisco-based alternative asset manager that manages or advises on USD1.4bn in assets, has announced the launch of the GCA Latam Hedge Fund, with BBVA Ba
Gerken Capital Associates, a San Francisco-based alternative asset manager that manages or advises on USD1.4bn in assets, has announced the launch of the GCA Latam Hedge Fund, with BBVA Bancomer, a wholly-owned subsidiary of Madrid-based Banco Bilbao Vizcaya Argentaria, as adviser to the fund manager.
‘We believe the Latin America region offers a very attractive near- and long-term investment outlook for investors,’ says Lou Gerken, chairman of Gerken Capital Associates.
‘Our fund is positioned to be the institutional-grade management team of choice for investors. With the region’s largest on-the-ground investment team, we have the requisite infrastructure to achieve the fund’s investment objectives.’
The fund will manage assets on a risk-adjusted basis, across all asset classes, using a range of investment strategies, with assets invested throughout Latin America but with a primary focus on Brazil, Mexico, Argentina and Chile.
Founded in 1989, Gerken Capital Associates is an emerging markets specialist that currently manages the GCA Greater China Hedge Fund, with hedge funds investing in India, Russia, the Middle East and the so-called Bric countries scheduled to follow this year and in 2008. GCA’s funds are structured as segregated share classes of BVI-domiciled GCA Funds.
