Sun, Sep 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

New Singapore fund manager Vulpes Investment Management seeded with $200m of proprietary capital

Thursday, May 05, 2011
Opalesque Industry Update - Vulpes Investment Management has been launched by Stephen Diggle, formerly one of the two cofounders of Artradis Fund Management. Vulpes, an alternative investments group, will cover multiple asset classes and offers products ranging from a new volatility fund to a global diversified fund and funds focused on agricultural land ownership and biotechnology.

Summary of Vulpes:
 US$200m seeding from founding partners
 Over 75 years Asian market expertise and highly experienced investment team
 Multi-fund, multi-asset class, diversified platform
 Principal was one of two founding partners of Artradis Fund Management, which peaked at US$4.9bn of assets and was Singapore’s largest hedge fund manager

Stephen Diggle, principal of Vulpes, commented: “The range of products Vulpes will offer mirrors my own personal portfolio. The proposition of the Vulpes Funds is one of co-investment and focus on returns we seek for ourselves. We have seeded both the capital and the expertise of each of the products we’re launching. We have launched our new long Asian volatility fund on May 1st and we’re very positive right now as volatility prices are hitting four year lows”.

(press release)

Vulpes Investment Management launched on 1st April 2011 with two funds and $170m under management: the Russian Opportunities Fund and Testudo Fund, an endowment-style, unconstrained long-term growth fund are complimented by LAVA, a volatility fund, which launched on May 1st. The Vulpes team comprises 14 members based in Singapore and Geneva, 10 of whom transitioned from Artradis Fund Management.

Joining Stephen Diggle are Bert Verdicchio as Chief Risk Officer, Steve Lukow as Chief Operating Officer and Legal Counsel and Grant Williams as a consulting portfolio advisor, each of whom have been involved in Asian financial markets since the 1980s. www.vulpesinvest.com


Stephen Diggle participated in the very recent Opalesque Roundtable in Singapore: Source

See related articles:
Opalesque Exclusive: Hedge fund investors are looking for maverick managers for allocations – Opalesque Roundtable Source

Opalesque Exclusive: Ex-Artradis founder launches new Asian hedge fund group Source

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali