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

V2 Capital snags big investment, looks to expand product pipeline

Thursday, January 23, 2014

Bailey McCann, Opalesque New York:

V2 Capital's Hedged Equity Fund is on track for a strong fourth year with the announcement of a new $200m investment. The investment comes from a Fortune 500 insurance company and the firm hopes that it will be the first of many such relationships in the future. V2 Hedged Equity Strategy,combines a long portfolio of U.S. stocks with a custom tailored short portfolio of index options.

The fund has been targeted to the qualified purchaser market since its inception, and has steadily been building assets. Opalesque spoke with V2 CIO, Victor Viner when the fund hit its three year milestone early last year. Since then, the fund has been recommended as both core equities exposure and long/short equities exposure within the universe of qualified purchasers. The latest allocation represents an entirely new client relationship. One of the long time investors in the fund has also been Ken Langone – the Co-Founder of Home Depot.

Viner explains that the V2 structure - which does not charge a performance fee, was created on the idea that the industry is moving away from the 2/20 fee structure.

"I believe the industry is moving toward management fees only. We've been out in front on the issue, and I think we're seeing the results of that." Viner tells Opalesque. "The latest allocation further validates our bel......................

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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad