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Bailey McCann, Opalesque New York:
Mariner Investment Group is launching its own incubation fund. It will be a multi-strategy fund managed by a team of industry professionals. 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,
former
Head
of
Global
Rates
Investments
at
BlackRock,
has
joined
Mariner
to
manage
a
global
macro
portfolio,
called
Alarium
Mariner
Global
Macro
LLC,
within
the
new
Mariner
Incubation
Fund.
"I've known Mariner for years, and they have a good reputation and are trusted in the marketplace," Pellicciaro told Opalesque.
The
Mariner
Incubation
Fund,
currently
a
fund-‐of-‐one,
will
fund
established
talent
in
areas
that
the
firm
considers
investment
opportunities
and
give
Mariner
a
new,
efficient
structure
for
incubating
new
managers.
Managers
will
oversee
portfolios
with
initial
investments
ranging
from
$50m
to
$100m
on
behalf
of
the
fund.
The
Alarium
Mariner
portfolio
will
utilize
a
global
macro
strategy
that
draws
on
Pellicciaro’s
17
years
of
experience
in
fundamental
macro
and
fixed
income
investment
management.
The
investment
approach
couples
fundamental
research
with
systematic
and
quantitative
methods
across
the
broader
G20
liquid market
segments.
In
the
future,
Mariner
also
plans
to
launch
the
Alarium
Global
Macro
Fund
as
a
stand-‐
alone
fund
to
be
managed
by
Pellicciaro....................... To view our full article Click here
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