Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
New Managers November 2018

LAUNCHES: Investcorp launches Strategic Capital Partners

 

  • Qualcomm Incorporated announced the launch of the Qualcomm Ventures AI Fund to invest up to an aggregate of $100 million in startups transforming artificial intelligence. The fund will focus on startups that share the vision of on-device AI becoming more powerful and widespread, with an emphasis on those developing new technology for autonomous cars, robotics and machine learning platforms.
  • Deutsche Bank has launched a multi-asset fund in Spain that applies a scientific approach to limit risk and take better advantage of the investment opportunities of the equity market. DB PWM I-A3 Portfolio-Plus 10 is a diversified and global multiasset fund that protects the portfolio through the systematic analysis of probabilities and the implementation of permanent non-conditional coverage, which limits the potential loss to 10%.
  • Natixis Investment Managers affiliate Vega IM is set to launch a millennials fund, following on from its recent push into the thematics space. It is understood that the new fund will be managed by new recruit Basile Devedjian, who joined the group in September. The new fund is the second in Vega's new planned range of thematic funds, having launched Vega Disruption earlier this year
  • China Everbright has reportedly set about raising a RMB2bn ($288.2m) fund-of-funds in partnership with the local government of the Chinese city, Liyang. The fund is expected to receive RMB1bn from the Liyang government, while China Everbright will foot the rest of the bill, according to a report by AVCJ
  • Paris-based fund boutique AUM Invest has launched a new US equity fund, adding to its range of existing European and emerging markets funds. The AUM US Equity fund will be managed by Emmanuel Morano and Cédric de Serigny. It invests across all cap sizes in the US and is based on a proprietary quantitative model.
  • The Silicon Valley hedge fund that was thrust into scandal last year when its billionaire cofounder Shervin Pishevar was accu......................

    To view our full article please login

    This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
    New Managers
    New Managers
    New Managers

  • Previous Opalesque Exclusives                                  
    Previous Other Voices                                               
    Access Alternative Market Briefing

     



    • Top Forwarded
    • Top Tracked
    • Top Searched
    1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

      Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

    2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

      From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

    3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

      Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

    4. 4 hedge fund themes that are working in 2024[more]

      From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

    5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

      Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1