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Opalesque Exclusive: French hedge fund says financial crisis boosts alternatives, AUM now at Eur 1bln, gets new Fitch rating, to double analysts to 30 following launch of two funds “Since summer 2007, we have been seeing a dislocation on the markets, which is feeding alternative investments, “said Mr. Cyril Julliard, co-founder of Eraam (Europanel Research and Alternative Asset Management) to his shareholders last Thursday. Eraam is a French multi-manager that specialises in European alternative funds. According to Mr. Julliard, 2008 will demonstrate the advantage of alternative multi-management to investors “by offering opportune allocations in a period of uncertainty.”

In 2007, Eraam’s AUM grew 20% to almost €1bl (US$1.46 bl). The firm was also selected by CalPERS just over a year ago (see coverage: Source) and received the rating IP2 from Fitch for the quality of its investment process last November. Expecting strong developments within the firm, Eraam plans to increase its number of analysts from 15 to 30 in 2008 to reinforce analytical instruments and risk management.

Eraam launched two new funds in late 2007: Europanel Emerging Europe, which will be......................

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