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

Bryan Garnier A.M. launches UCITS IV platform, Madison Street Partners to be first sub-fund

Monday, October 01, 2012
Opalesque Industry Update - Bryan Garnier Asset Management (BGAM) has launched the Bryan Garnier Umbrella Fund SICAV plc.

The Umbrella Fund is domiciled in Malta and externally managed by Bryan Garnier Asset Management in France which is regulated by the Autorité des Marchés Financiers (AMF). Top tier service providers have been selected with Deutsche as Custodian, Fund Administrator and responsible for FX share class hedging while PwC will be the auditor and Lecocq Associate external legal counsel.

Vania Mareuse, Managing Partner, came up with the idea in 2011 and is happy to see it come to fruition “It has taken some time to arrive at this point but we are extremely happy with the structure, the service providers we have on board and of course the hedge fund managers who will be represented on our platform”.

Steve Wallace, Managing Director, added “Bryan Garnier has a very entrepreneurial structure which enabled us to establish the UCITS platform at a time when we have seen other boutiques closing and I am very excited with commencing with Madison Street Partners and we have others due to come on board later in the year that we will announce.”

“There continues to be a dearth of US hedge funds in the UCITS universe, especially when you look at those mangers running niche strategies with lower capacity levels which makes it all the more exciting to market.”

Madison Street Partners, a US hedge fund manager based in Denver, Colorado will be the first subfund on the platform. Drew Hayworth, Founder and Fund Manager, from Madison Street Partners said “we chose Bryan Garnier's platform for its UCITS offering because of their expertise and unwavering commitment to build and grow the product. Our strategy fits very well within the UCITS platform and we are excited about partnering with Bryan Garnier to offer a US based manager to the UCITS marketplace.”

Madison Street Partners are an SEC registered $175m US Equity Long Short Manager founded in February 2004. “This is a manager that has an extremely good risk management record and has performed very well in exceptionally adverse market conditions. Furthermore, from a UCITS perspective their strategy fits well into the UCITS environment” continued Steve Wallace.

Press Release

BGAM is part of Bryan Garnier & Co, an independent investment bank specialising in European Healthcare, TMT and Renewable Energies growth companies. The firm is focused on three major activities: Equity Research & Brokerage, Asset Management and Corporate Finance. With more than 150 professionals based in London, Paris, New Delhi, New York and Geneva, Bryan, Garnier & Co combines the range of services and expertise of top-tier investment banks with the level of attention to clients of a boutique. www.bryangarnier.com

Bg

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