Wed, Mar 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Seeding platform Emergence invests in Bernheim & Dreyfus’ new event-driven UCITS Fund

Friday, June 22, 2012

Benedicte Gravrand, Opalesque Geneva: EMERGENCE, a seeding platform created in early 2012 with the backing of seven major French institutional investors with more than $1.5tln of financial assets, announced its first seeding partnership with Eiffel Investment Group last month. The seeding fund has just announced its second investment.

Antoine Rolland, CEO of NewAlpha Asset Management, a Paris-based seeding manager, told Opalesque in April that EMERGENCE, which is managed by NewAlpha, had just closed its first deal of $160m and would soon make a second close of $200m (see May issue of NewManagers). Next investment in a fund would be done in June, he said.

So here it is. We heard last night that EMERGENCE had invested around $40m in Diva Synergy UCITS, an event-driven fund managed by Bernheim, Dreyfus & Co. , an asset manager based in Paris. This investment serves as acceleration capital and brings the UCITS fund’s assets to around $50m. Bernheim, Dreyfus & Co. manages ......................

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. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  3. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He

  4. Opalesque Exclusive: Swiss start-up and German fund manager to launch AI hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: NNAISENSE, a Swiss start-up that develops artificial intelligence (AI) and machine learning applications, and

  5. Eric Mindich to shutter hedge fund Eton Park after difficult 2016[more]

    Komfie Manalo, Opalesque Asia: Erich Mindich is shutting down his hedge fund Eton Park after losing 9% in 2016 and its assets falling by $2bn to the current $7bn, Reuters reported. Mindich told investors