Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

French seeder NewAlpha invests in new global macro fund LindenGrove

Thursday, January 10, 2013

amb
Antoine Rolland
Benedicte Gravrand, Opalesque Geneva: - Paris-based hedge fund seeder NewAlpha Asset Management confirmed its 20th investment deal today. This investment is with LindenGrove Capital LLP, a recently launched London-based hedge fund management firm focused on global macro strategies. NewAlpha invested through a closed-end fund dedicated to institutional investors seeking exposure to early stage managers.

LindenGrove was founded by Borut Miklavcic, CIO and Managing Partner, and former head of proprietary trading at Nomura. Before that, he was head of inflation trading at Lehman Brothers, and emerging market fixed income trader at JPMorgan. Several members of his Nomura team joined him in this new venture; portfolio managers Tom Groves and Ravin Seeneevassen, and CEO/CRO Gianluca Squassi.

According to the announcement, the LindenGrove Capital Master Fund implements a wide array of discretionary global macro strategies within a multi-strategy, multi-manager framework, similar to the successful model run by Borut Miklavcic while at Nomura. The Fund allocates the capital dynamically between separate portfolios employing macro directional, directional relative value and pure relative value strategies on liquid markets and products. A systematic risk management framework is implemented to limit downside risks at both the individual and the fund level. Launched on December 12th 2012, the Fund targets an absolute pe......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1