Sat, Jul 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2013

Seeders' Corner News Review

Mariner launches incubation fund, two managers have already joined

Mariner Investment Group, a $10bn alternative asset manager headquartered in New York, launched an incubation fund in April. Managers working with Mariner on the fund will provide strategy-level expertise and can use the Mariner infrastructure to support or start their own standalone hedge funds.

Eric Pellicciaro, who left BlackRock in November'12 where he was Head of Global Rates Investments, joined Mariner to manage a global macro portfolio called Alarium Mariner Global Macro LLC within the new Mariner Incubation Fund. Pellicciaro is the first manager in the Mariner Incubation Fund. Mariner also plans to launch the Alarium Global Macro Fund as a standalone fund, also to be managed by Pellicciaro.(Full Opalesque Exclusive).

The second manager in Mariner's Incubation fund is Richard Rumble, the former Head of Global Emerging Market Equity Prop Trading at Goldman Sachs, who will run a global emerging market equity portfolio on the Platform; the Mariner INOX GEM, LLC. Richard Rumble is partner at a one-year-old London-based fund manager specialised in emerging markets, called INOX Global Capital Management.

As an aside, in January, Mariner merged with Concordia Advisors, a $1bn alternative asset manager with offices in New York......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New