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Lyxor Americas launches alternative investment co-investment programme for institutional investors

Monday, April 22, 2019
Opalesque Industry Update - Lyxor Asset Management, an indirect subsidiary of Paris-based Lyxor Asset Management, announced the launch of a new program enabling institutional investors to participate in stand-alone co-investment and selective hedge fund opportunities presented to Lyxor Americas by third-party managers.

To date, Lyxor Americas' new co-investment program has received more than $300 million in capital from external investors.

Opportunities available through the Program are expected to include high conviction, concentrated, and/or bespoke investments offered outside of a manager's other funds. Investors participating in the Program can review and invest in individual opportunities arising from Lyxor's relationships with approximately 100 hedge fund managers.

Andrew Dabinett, CEO of Lyxor Americas, said: "Co-investments are playing an increasingly significant role in institutional investors' pursuit of alpha and absolute returns. Lyxor, with its 20-year history of managing hedge fund portfolios, has built a far-reaching global network of partnerships with managers and we are well positioned to access and evaluate co-investment and bespoke opportunities for our clients in a thorough, timely, and cost-effective manner."

Kunjal Shah, Global Head of Hedge Fund Research at Lyxor Americas, said: "We believe today's markets provide many exciting investment opportunities, particularly in emerging markets that remain undervalued. As the economic cycle continues to age in developed markets, we anticipate more opportunities from corporate events affecting the structure of companies."

Lyxor has a long history of innovation in hedge fund investments. The firm was among one of the first to offer transparent, liquid hedge fund managed accounts in 1998 and today manages an extensive platform of commingled and dedicated account services.

Related News: Co- and Direct Investments is where the puck is going in a big way (Roundtable)

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