Mon, Jan 23, 2017
A A A
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)

www.peregrine.co.za


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
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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised