Tue, Dec 1, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Peregrine Capital Introduction now raises capital for non-Peregrine hedge fund managers

Wednesday, August 24, 2011
Opalesque Industry Update - Wealth and alternative asset management group Peregrine Holdings has created a new company within the group with the ability to raise capital for selected alternative investment managers that are not necessarily affiliated to the Peregrine group. The unit will focus on sophisticated local and international investors.

“We are thrilled to announce that we now have the ability to engage with non-Peregrine group funds which complement the existing offering and can pass our rigorous due diligence process. This greater scope will give investors further comfort that they are being introduced to managers that, in our view, are best-of-breed.” commented Leila Kuhlenthal, MD of the new division. Peregrine Portfolio Innovation (Pty) Ltd is located in Sandton, South Africa.

The unit’s focus remains on raising capital from the appropriate sources into the appropriate funds/products.

Andre Tonkin, who joined the unit in April added “given the actuarial expertise that resides in our team, a more consultative approach with the investor community will be taken. To accurately describe the new focus, we have therefore re-named the unit Peregrine Portfolio Innovation.”

“We look forward to continuing our work with our investors in our new capacity and with our new focus! As always, we thank all our investors for their continued and valued support” concluded Ms Kuhlenthal.

(press release)


See last month’s article on Peregrine:
Opalesque Exclusive: As one of South Africa's oldest hedge funds, Big Rock plays its cards right with low-risk relative value strategy


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. 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

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

    From PIonline.com: 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

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

    From Bloomberg.com: 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

  4. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  5. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega