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Alternative Market Briefing

iM Global Partner takes stake in Dynamic Beta Investments

Friday, September 14, 2018

Bailey McCann, Opalesque New York:

iM Global Partner has taken a 45% stake in liquid alternative manager Dynamic Beta Investments. Dynamic Beta was previously the liquid alternatives group at Beachhead Capital Management. The acquisition in the latest in several similar transactions done by iM Global Partner as the Paris-based investment firm rapidly expands its platform.

In July, iM Global Partner took a stake in Sirios Capital Management, a $2.3 billion, Boston-based investment firm. The firm has also made investments in Polen Capital, an independent management firm that specializes in growth stocks, and Dolan McEniry Capital Management, which specializes in US corporate bonds.

"We plan to continue making investments over the next year," said Philippe Couvrecelle, chairman and CEO of iM Global Partner in an interview with Opalesque. "The team at Dynamic Beta has a proven track record and by coming together we can distribute their strategies globally." According to Couvrecelle, iM Global Partner plans to invest $500 million in boutique managers over the next 2-3 years. He expects to make one more investment by year-end and another 1-3 next year.

Dynamic Beta Investments is based in New York and runs equity hedge, managed futures and multi-asset liquid alternatives funds. Couvrecelle says Dynamic Beta stands out in their categories in part because of their portfolio management process. "They manage money to the reality of the market," he says. "They have a s......................

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