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Opalesque Industry Update - Varenne Capital Partners, a Paris, France-based investment firm founded in 2003, achieved net inflows in excess of $1 billion from investors amid strong fund performance in 2021, as assets under management reached $4.3 billion at year-end December 31. The firm expanded its 37-member team, promoting Bo Huang as Head of International Business to lead marketing and business development in Asia, Europe and the US, and hiring Jonathan Monat to support growth in North American markets. The firm's investment strategy is designed to separate risks from opportunities and deliver an optimized risk-return profile. Led by co-founders Giuseppe Perrone, Marco Sormani and David Mellul, three veteran investors, the strategy combines four complementary investment frameworks: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. "We are proud to continue attracting top talent to join our diverse team, representing eight nationalities," noted Giuseppe Perrone, Varenne Capital President. "Bo Huang's promotion and Jonathan Monat's appointment complement our investment team of 15 professionals and strengthen the firm's business development objectives." Varenne Capital's flagship fund, the Value Active Fund, delivered an annualized return of +14.4% since its October 1, 2007 inception and +38.2% in 2021. Following asset-raising success primarily in European countries, the firm continues to expand its focus on other markets. In 2020, Varenne Capital launched a master-feeder and Delaware vehicle for US investors in the Value Active Fund. The firm plans to open an office in the US in 2022.
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Industry Updates
Varenne Capital achieves net inflows in excess of $1bn in 2021
Monday, January 10, 2022
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