Thu, Mar 23, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He