Tue, Nov 30, 2021
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Prime Capital squarely faces all manner of hedge fund sizes and strategies

Thursday, July 08, 2021

Dr. Werner Goricki
B. G., Opalesque Geneva:

Opalesque has just called on Prime Capital, one of the large independent alternative asset managers in Germany, for a Virtual Manager Visit. With more than €10bn (US$11.8bn) in alternative assets, Prime Capital has managed to return roughly 7% annually (net) through its three strategies: a flagship portfolio of blue-chip hedge funds, a specialised hedge fund portfolio and a niche alternative credit hedge fund portfolio. The manager claims its underlying hedge funds have been faring well in the current market.

"We are in the late stage of a very long bull market for both equities and bonds," says Dr. Werner Goricki, CIO. "This has led to very high valuations in most asset classes, and this leads to high uncertainty with volatility and dispersion. Usually, such times of uncertainty are the best environment for hedge funds to play out their advantages, and we at Prime Capital have a unique track-record of resilience in such difficult markets."

The soccer analogy

Prime's secret of the sauce is in the combination of three types of approaches.

"When I started my career, I always laughed about the people who said, you need to combine top-down approach with a bottom-up approach," says Tilo Wendorff, Head of Absolute Return. "I said, just find the best 10 managers, combine them, and you have the best portfolio. But that's similar to soccer. If you......................

To view our full article Click here

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. PE/VC: Moody's warns of 'systemic risks' in private credit industry, Sequoia to restructure itself away from traditional VC model, Modeling private equity market beta, VC investors pour money into Chinese start-ups despite regulatory crackdown[more]

    Moody's warns of 'systemic risks' in private credit industry From FT: The burgeoning private credit industry of lending to buyout groups has grown to about $1tn, but opacity, eroding standards and the difficulty in trading these slices of debt pose "systemic risks", according to rating

  2. PE/VC: Private equity M&A frenzy has cautious undertones, Venture capital exit values soar, Private equity and venture capital drove outsized returns at Bowdoin, Harvard, and the University of Pennsylvania, Private equity tops explosive tech growth as returns rocket[more]

    Private equity M&A frenzy has cautious undertones From Reuters: Private equity dealmakers are in two minds. Buyout barons, led by titans like Blackstone boss Steve Schwarzman, are on track for a record year for takeovers. Yet they're also offloading companies at a much faster pace than

  3. SPACs: Trump-tied SPAC seeks Wall Street support, Nextdoor surges in public market debut after SPAC merger, Barrows Hotel Enterprises considers SPAC merger, Aussie SPAC targets big deal after NASDAQ IPO[more]

    Trump-tied SPAC seeks Wall Street support From Al Jazeera: Day traders and Reddit enthusiasts helped fuel a spectacular rally in Digital World Acquisition Corp shares, which reached a closing high of $94.20 last month before leveling out to recently trade around $60. The blank-ch

  4. Tiger funds change some stripes, Melvin Capital's comeback plan, What's behind Sachem Head's surge?, One of Asia's oldest hedge funds is buying distressed China debt[more]

    Tiger funds change some stripes From Institutional Investor: Falcon Edge, Light Street, Lone Pine, Viking, and Hound made significant buys and sells in the third quarter. Falcon Edge Capital Management exited its two largest U.S. long positions in the third quarter, according to

  5. Opalesque Exclusive: TRF - the right product at the right time (part 1)[more]

    B. G., Opalesque Geneva: Eurex, an international derivatives exchange and a member of the Deutsche Börse Group, has been churning out its pioneering Total Return Futures (TRF) since 2016. In a