Thu, Oct 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Maqurie to provide third party hedge fund capital raising services

Wednesday, February 15, 2012
Opalesque Industry Update: Macquarie Group (“Macquarie”) today announced that it will begin offering hedge fund capital-raising services to external hedge funds through its Alternative Investment Strategies (“AIS”) division. The initiative will initially seek to represent three to five hedge fund managers on an exclusive basis. Target managers will ideally have at least $500 million of assets with an ultimate target of at least $1.5 billion and at least a three-year track record.

“Our reputation and track record, coupled with our global reach and institutional infrastructure, makes our approach an attractive alternative to any top hedge fund manager looking to outsource fund raising,” said Jonathan Hall, Managing Director, Macquarie Funds Group. “This move presents a unique opportunity for high-quality hedge fund managers who are looking to grow their asset base to partner with a proven institution to achieve their goals.”

AIS, a division of Macquarie Funds Group, has raised more than $3.1 billion for 10 different Macquarie strategies since 2005 and most recently raised over $1.5 billion in assets for Macquarie’s flagship Asian Alpha hedge fund. The AIS team, led by Jonathan Hall and Stephen Darke in New York, has established investor relationships globally and also works with affiliated managers to help raise investor capital. The team’s reach extends to family offices, funds of funds, private banks, insurance companies, sovereign wealth funds, pensions, endowments and foundations. Capital raising efforts will be led in North America by Scott Brandewiede, in Europe by Mubin Sadikot and in Asia by Jennifer Page.

Macquarie Group

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t