Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Hedge fund veteran Adrien Auric joins NewAlpha as Director of Operational Due Diligence

Thursday, June 08, 2017
Opalesque Industry Update, for New Managers - NewAlpha Asset Management, the Paris-based global emerging manager acceleration specialist and innovative Private Equity player, has appointed Adrien Auric as Director of Operational Due Diligence.

Given the diversification of its business activities, New Alpha AM has chosen to reinforce its team in order to increase its investment analysis capabilities.

Prior to joining NewAlpha, Adrien Auric was in charge of Investment Due Diligence at Reinhold & Partners, a specialized consultancy firm working for top tier institutional investors. He also served as Independent Funds Director in various jurisdictions, including France, Ireland and Luxembourg.

Adrien has spent 7 years with JP Morgan, initially (2007-2009), as Head of Investment Due Diligence of J.P.Morgan Mansart Investments (JPMMI), the dedicated and regulated Asset Management Company of the IB. In 2009, he was appointed Executive Director and COO of JPMMI. He was instrumental in developing the Structured Funds business and launching the new alternative UCITS Funds 'platform, overseeing in particular all risk and support functions.

Priorly, Adrien spent 3 years at Olympia Capital Management as COO in charge of Investment Due Diligences, Middle and Back offices teams and 8 years with Ernst & Young where he held a variety of management positions both in Banking, Insurance and Real Estate Audit and Corporate Finance practices.

Adrien graduated from Sciences Po Paris (major in Economics and Finance) and holds a Master's degree in Business and Tax Law from the University of Law of Paris II, Assas.

Antoine Rolland, CEO of NewAlpha comments: "NewAlpha is dedicated to discovering and supporting tomorrow's best investment talents. With over 23 years of experience in finance, out of which over 12 years in the hedge fund space, Adrien complements very well NewAlpha's know-how regarding due diligences and further enhances the strength and depth of our due diligence process. Adrien has a longstanding expertise in the alternatives space, capturing aspects such as risks, middle office and operations. His prior audit and accounting expertise will be a valuable asset to seamlessly understand and deliver on clients' objectives"

Adrien Auric adds: "I'm extremely excited to join such a fast moving organization which has built an excellent reputation in sourcing and selecting emerging managers across the world. Smart investors are allocating increasingly to smaller and newer managers to get differentiated and innovative sources of performance. A strong and efficient due diligence process is necessary to catch the best talents before they get established"

As Director of Operational Due Diligence, Adrien Auric will report to Antoine Rolland, Chief Executive Officer of NewAlpha.

As Europe's leading specialist in emerging manager seeding for institutional investors, NewAlpha has concluded more than 60 strategic partnerships and invested more than 1 billion euros in French and international investment management boutiques. NewAlpha has been one of the world's most active allocators in this space with more than $500 million allocated through 17 partnerships since 2012.

The company is regulated by the Autorité des Marchés Financiers (AMF) and is a subsidiary of La Française Group and OFI AM.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1