Wed, Dec 2, 2015
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. David Einhorn's hedge fund plunged 5.2% in November, set for 2015 loss[more]

    From David Einhorn’s main hedge fund at Greenlight Capital fell 5.2 percent in November and is poised for only its second losing year in almost two decades. The losses bring the fund’s yearly drop to almost 21 percent, according to an e-mail sent to clients that was obtained by Bloomb

  2. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  3. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  4. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  5. Regulatory - Major changes in partnership audit procedures contained in 2015 Budget Act[more]

    Contained in the Bipartisan Budget Act of 2015, signed by President Obama on November 2, is a rather complex provision that materially changes how partnerships are audited. Generally effective for tax years beginning after December 31, 2017, the so-called “TEFRA” and “Electing Large Partnership” rul