Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

French seeding platform EMERGENCE to launch new sub-fund dedicated to innovative equity strategies

Friday, July 12, 2013

Benedicte Gravrand, Opalesque Geneva for New Managers:

Finance Innovation, a Paris-based business and research cluster dedicated to financial services, announced the launch of the first French Emerging Asset Manager Platform, called EMERGENCE, two years ago. EMERGENCE eventually raised €150m ($196m) from nine large institutional investors.

The first tranche of the seeding platform, "Emergence - Absolute Performance," was launched in early 2012 as a SICAV and its first seed was made in April 2012. This sub-fund focuses on absolute return managers and is managed by NewAlpha Management, a Paris-based hedge fund incubation firm. It has received 130 applications so far and has seeded four French-based asset management firms, with a fifth candidature under review.

According to a release yesterday, EMERGENCE now intends to launch a second sub fund called "Emergence Long Equity".

"This sub fund will seed funds offering innovative strategies and specific skills in the field of equities," the announcement says. "This objective is consistent with the ongoing rebalance between bank financing and alternative financing (as a consequence of Basel III). It could also contribute to various initiatives currently unde......................

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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i