Sat, Sep 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Venus Capital launching small cap focused India Emerging Leaders Fund to capture the beta

Friday, December 10, 2010

From Kirsten Bischoff, Opalesque New York:

As developed countries see stagnant economic growth ahead (at best) and continuing problems from the sovereign debt crisis (at worst), emerging markets (EM) present a compelling story for investment.

Throughout 2010, the two EM countries vying for top spot in investor’s hearts have been India and Brazil. Hedge fund managers in both markets have delivered strong performance through 2010 (as of Oct 31, the HFRX Brazil Index is +13.89% YTD and the HFRX India Index is +18.76% YTD). What may give India the boost over its competitor is the bullish outlook for all of Asia, and the sheer size of the growing India population.

“We have been marketing India since 1996 and I have never seen more interest in that market in my career. American investors especially are as enthusiastic about India as they were about China ten years ago. India’s time has come now,” says Vic Mehrotra, CEO of Boston-based Venus Capital.

Venus Capital was founded in 1994 and launched one of the first India hedge funds in 1996. The new Emerging Leaders Fund marks the seventh fund the firm manages (and the second India-focused fund). Based in Boston, the team has maintained a long-term presence in India and currently has 15 research analysts located in the country.

For Venus Capital, the statistics present in the growing India population make a clear case for India’s long-term growth potential. “There are 300 million middle clas......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali