Tue, Sep 19, 2017
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. Public quant funds aren't always what they seem[more]

    From Bloomberg.com: Quantitative equity strategies are a fast-growing retail product. There is more than $150 billion in quant equity public mutual funds, and such ETFs are on track to top $1 trillion this year. Unfortunately, there's little agreement on what these funds are. The two most common def

  2. Institutions - Canada's pension funds lever up[more]

    From Institutionalinvestor.com: Canadian pension plans are among the most admired institutional investors for their prowess as money managers. Now pension plans in Canada are upping the ante, increasingly issuing long-term bonds and using the borrowed money, or leverage, to try a

  3. Manager Profile - The three quants in their 20s running a hedge fund making $1 billion of trades daily[more]

    From Forbes.com: In an office overlooking downtown Boston, the views are partially obscured by math formulas and technical drawings that have been scribbled on the windows. Wearing a T-shirt with the words "machine earning" printed on it, Luca Lin says the formulas are being developed to help trade

  4. News Briefs - Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy, Private equity, hedge funds eye bizav financing market. Blue Capital halts ILS fund buy-backs as hurricane Irma approaches[more]

    Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy Iron Cove Partners, a national insurance brokerage specializing in the needs of the alternative asset management community, today announced the launch of its newest insurance product, th

  5. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2