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From Benedicte Gravrand, Geneva: For new hedge fund managers, the exciting prospects of managing one’s own fund and generating absolute returns can be dampened by the raising of capital and setting-up infrastructure. So finding a seeding platform which will also get involved in the business operations can be a relief. And for investors in the seeding platform, returns can be extremely attractive, since new hedge funds often have stellar performance in their first few years, especially if they have the funds.

London-based Arundel Iveagh launched Arundel Emerging Managers (AEM) in January 2005 with US$60 million from institutional investors, with the objective of leveraging Arundel Partners’ fund of fund business into identifying, seeding and managing new and early stage hedge fund managers in Europe and Asia. Mrs. Marie-Laure Humbert, of Arundel Iveagh, and Mrs. Harriet Steel, of Monaco-based Portico Partners (providers of marketing and distribution services to the A.I. industry) talked to Opalesque about AEM.

Reputation counts Arundel Iveah has been niche FOF managers since 1999 and has had success investing in early stage managers since then. As a FOF platform, the company has had success with early stage managers and proven success at institutionalizing seeded managers. “Many of these funds have done very well in terms of asset growth so we had the idea to get more involved in funds’ growth; the ob......................

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