Opalesque Exclusive: Update: Arch Financial launches private finance fund to capitalise on opportunities in current investment climate
Wednesday, November 19, 2008
ARCH Financial Products LLP (“ARCH”), in a joint venture with cru Investment Management (“cru”), has launched a finance fund to capitalise on the opportunities in corporate private finance arising from the current investment climate.
The CF ARCH cru Finance Fund – launched in November – will use exclusive access to private markets via a series of specialist investment companies that will invest in short to medium term private finance deals. The fund will target annual returns of 2% above the Bank of England base rate. It has a targeted annualised volatility of less than 3%.
The restricted credit in public markets and the unwillingness of banks to lend has seen the number of priv......................
From the Opalesque team:
Paris-based Algodeal, a quant platform founded by IT professionals Benjamin Filippi (formerly at Lehman) and Jean-Christophe Allemand (formerly at Newedge), will launch its first fund towards the end of 2Q1