Thu, Aug 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2012

Seeders Corner
NewAlpha: Emerging manager 'asset class' is gaining traction

NewAlpha: Emerging manager 'asset class' is gaining traction

NewAlpha Asset Management was established in 2003 to provide institutional investors access to emerging alternative investment managers through dedicated funds of funds. NewAlpha is a subsidiary of OFI Asset Management, which manages around €48bn.

Since inception, Paris-based NewAlpha has concluded 17 strategic partnerships and invested a combined total of over $720m with early stage managers located throughout the world. The latest "generation" of managers seeded by NewAlpha since 2008 currently manages more than $2.4bn after receiving $250m in seed capital.

 

Antoine Rolland

The award-winning firm has been pretty busy over the past year. It invested in Blue Rice Investment Management (BRIM)'s Asian Credit Fund in May 2011. It made its 16th strategic investment with PAMLI Capital Management LLC, a New York-based hedge fund management firm focused on global credit investments in June 2011. That same month, NewAlpha and Singapore-based alternative investment manager Woori Absolute Partners together said they would launch an Asia-based investment vehicle which would seed emerging hedge fund managers and be marketed to qualified investors in Asia and Europe. In November 2011, NewAlpha made its 17th strategic investment with Heieck Siebrecht Capital Advisors (HSCA) AG, a Zürich-based hedge fund management firm focused on German equities.

In July 2011, Finance Innovation, a Paris-based research group dedicated to financial services, said it would launch the first seed money fund, called EMERGENCE, to focus on young asset management companies in France.......................

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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added