Fri, Sep 4, 2015
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   |   
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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner