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......................
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