Wed, May 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Alpinvesta Asset Management launches EIF fund in Gibraltar

Wednesday, March 20, 2013
Opalesque Industry Update - Swiss investment boutique and managed futures Fund Of Fund (FOF) specialist, Alpinvesta has launched the DNA Managed Futures Multi Strategy Fund.

The company, which is based in Geneva and a member of the Swiss Association of Asset Managers, has been evaluating various European jurisdictions for the launch of its’ new fund based platform.

Investment Director and partner Marcus Queree said: "We have selected Gibraltar as our favored jurisdiction as it has a robust legal framework and offers an excellent Experienced Investor Fund vehicle for alternatives managers such as ourselves. The jurisdiction has access to international service providers and a knowledgeable talent pool which understands the offshore fund industry."

Alpinvesta successfully launched a series of managed futures securitised products over 3 years ago and Queree says, "the launch of a European fund platform will both broaden our potential market and further enhance our ability to offer investors optionality."

Alpinvesta launched the Alpinvesta Managed Futures Index (Program) on DB Select in 2008. The Program aims to generate medium term growth by combining different managed futures funds and programs. The Program seeks to deploy capital to several trading styles across global markets, including funds that specialise in futures and forwards, interest rates instruments, currencies, cross rates and tangible commodities; commonly known as Managed Futures managers.

The Program employs an actively managed fund of funds format, investing into several core trading strategies within the managed futures universe. Combining different trading styles such as macro, contrarian/counter trend trading and systematic trading, the Fund endeavours, to make money when there is a trend and preserve capital when there are no identifiable trends and attempts to diversify overall risk in terms of market, approach and timing.

The Alpinvesta Managed Futures Index (Program) was shortlisted in 2012 for the best Managed Futures FOF.

In addition to the launch of the new fund, Alpinvesta has established an office in Gibraltar, DNA Management Limited to promote and provide investor services to the DNA Fund. The new operation will be headed up by Peter Bosbury as Operations Director and Group compliance. Peter joins from Global Partners Limited, an IFA Network where he was a partner and head of compliance. In addition; Leanne Beresford, Investor Relations Manager and Tania Kingsford as Office Manager have also joined the team of DNA Management.

Marcus Queree said: "We are delighted that Peter, Leanne and Tania have joined the Group. Collectively they have over 40 years experience in the financial services industry, predominately dealing with Intermediaries and Life Companies both in the UK and Internationally. In establishing DNA, we are committed to providing a dedicated customer service platform for both existing and prospective customers, I’m sure the team will be a great attribute and a superb addition to Alpinvesta’s proposition."

Press release

bc

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th