Thu, Sep 3, 2015
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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  3. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner