Thu, Mar 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Reservoir, Blackstone, Protégé, NewAlpha and Grosvenor make it to HFMWeek’s list of top 5 seeders

Friday, November 08, 2013

Benedicte Gravrand, Opalesque Geneva for New Managers:

HFMWeek’s "Seeding Top Five – 2013" survey, out yesterday (Nov.6), puts Reservoir Capital, which manages $5.6bn in assets, at the top of the list. "Reservoir Capital has completed just the one deal in 2013 so far – a reported $150m investment in the new fund from former Deutsche Bank flow-credit chief Antoine Cornut, Camares Capital," says the paper.

Number two is Blackstone, which did two deals in the last 12 months. "The latest recipients of tickets from the firm’s Strategic Alliance Fund (SAF) II vehicle are: London-based Bybrook Capital ($150m), from highly-rated Eton Park partner Rob Dafforn; and Princeton Alpha Management ($250m), a New Jersey-headquartered quant shop from Morgan Stanley PDT pro Shakil Ahmed," HFMWeek reports.

Number three is Protégé Partners, which apparently scaled back this year as it saw several redemptions and no fresh seeds. Protégé currently has capital for four deals.

Number four is NewAlpha Asset Management, which completed four deals in the last 12 months; "two allocations from its locally focused Emergence platform; the first ticket signed off by its Asian venture with South Korea’s Woori Absolute Partners; and the final $60m in its fourth Genesis fund."

Finally, number five is Grosvenor Capital Management, which completed three deals since starting its seeding fund in 2012, one of which i......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. 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

  5. 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