Sun, Feb 14, 2016
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. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi