Private Asset Management | The pipeline to the affluent
March 21, 2010

Fund Update RSS

  • PTIA To Tap Into Family Office Market   03/10/2010  

    Performance Trust Investment Advisors, a fixed-income investment manager subsidiary of Performance Trust Capital Partners, is looking to market its asset- backed securities portfolio to family offices, high-net-worth individuals and registered investment advisors (RIAs).

  • New Fund To Court Wealthy Investors   03/01/2010  

    GJ Investment Funds, an emerging manager from Flemington, N.J., is looking to target the high-net-worth and institutional segments.

  • Pru Targets Family Offices For Mezzanine Fund   01/25/2010  

    Prudential Capital Partners has completed fundraising for its middle-market mezzanine fund, dubbed Prudential Capital Partners III, and is targeting family offices to invest in it.

  • Contemporary Art Fund To Launch   01/05/2010  

    Zug, Switzerland-based Anthea Art Investments will launch the Anthea 1 Contemporary Art Investment Fund in May—the first closed-end art fund to be authorized by the Irish Financial Services Regulatory Authority.

  • Swedish Shop Readies Fund Launch   01/04/2010  

    Orre & Nyberg Capital, a Stockholm-based hedge fund, is planning to launch a short-term directional trading fund, Radar Trading, to be managed by co-founder Jonas Nyberg.

  • Dallas Firm Rolls Out Real Estate Fund   12/04/2009  

    Encore Enterprises, a Dallas firm that buys, manages, finances and sells real estate, is launching the Encore Opportunities Fund II real estate fund.

  • Fund-Linked Notes Spark Interest   11/30/2009  

    Royal Bank of Canada and Société Générale are seeing strong interest in principal-protected notes and call options linked to baskets of hedge funds.

  • Ex-Ibis Marketer Starts Own Firm, Eyes HNW Investors   11/19/2009  

    Madeleine Frowein, former head of marketing and business development at Ibis Management, has formed GAIA International, a third party marketing firm in New York.

  • Dutch Quant Team Seeks HNW Investment   11/11/2009  

    QTR Invest, an Amsterdam-based quant startup, has begun marketing its fund, focusing on high-net-worth money.

  • Storage Firm Closes Fourth Fund, Eyes HNW Investors   11/10/2009  

    San Diego-based Equity Based Services (EBS), a private equity firm that focuses on self-storage commercial real estate projects, has closed its fourth private equity fund at $8.35 million and is now investing.

  • Canada Special Situations Fund Launches   10/30/2009  

    Michael Ruscetta, former co-head of Goldman Sachs' special-situations group in Toronto and senior staffer at Amaranth Advisors, has founded RCM Partners and launched its maiden hedge fund.

  • Duo To Invest Fund Fees In SR Companies   10/09/2009  

    Gene Fisch and Archana Sivadasan have co-founded FS Capital and are preparing to launch its maiden fund on Jan. 1.

  • Fla. Firm Preps Multi-Strat Fund   10/06/2009  

    Stonehenge Capital Management, a Miami-based alternatives firm that offers access to its strategies via managed accounts, is preparing to launch a pooled fund with access to three different strategies.

  • Swiss Hedge Fund Splits In Two   09/22/2009  

    Zulauf Asset Management, a Zug, Switzerland-based hedge fund boutique, is preparing to become two separate shops.

  • Hedgies Eye Asian Money   09/17/2009  

    Hedge fund managers are seeing Asia-Pacific high-net-worth investors putting their money to work more readily than their U.S. and European counterparts and are focusing their marketing efforts on the region.

  • Korean Manager Eyes Mutual Funds For HNW   09/11/2009  

    South Korean asset manager Mirae Global Investments has set up shop in the U.S. and is considering launching mutual funds investing in Asia that will target ultra-high-net-worth individuals, said Timothy Hill, head of North American sales.

  • U.K. Film Venture Launches   09/10/2009  

    Entertainment Capital Advisors (ECA) has launched in London to advise families looking to acquire companies in the entertainment sector, capturing the family office film financing trend.

  • FoF Expands Team To Target Family Offices   09/01/2009  

    Sandalwood Securities, a Roseland, N.J.-based fund of hedge funds that specializes in credit managers, has bolstered its research team with a slew of hires in an effort to target family offices and high-net-worth individuals.

  • Dallas Firm Preps Bank-Loan Fund   08/28/2009  

    Newly-formed Three Seas Capital in Dallas is preparing to launch a syndicated senior-secured bank-loan fund that will be marketed primarily to family offices.

  • Insparo Brings EM Fund To U.S.   08/28/2009  

    Insparo Asset Management is planning to market its Insparo Africa and Middle East Fund to private banks, family offices and institutional investors in the U.S., in addition to South Africa, Middle East and Europe.

  • Quant Shop Readies Neutral Strategy   08/24/2009  

    New York-based HAGIN Investment Management is planning at the end of the third quarter to roll out a market neutral strategy that it plans to market to wealthy families and foundations and endowments.

  • CTA Firm Ups Transparency To Sweeten HNW Appeal   08/18/2009  

    New York’s Systematic Alpha Management is increasing the transparency of its offshore Systematic Alpha Futures Fund and adding a second independent administrator to the fund.

  • LionRock Eyes Family Offices, Endowments   08/17/2009  

    Hari Kumar, co-founder of Singapore-based LionRock Capital, has begun approaching high-net-worth investors for its recently launched LionRock Master Fund.

  • KABR Expands Focus Of HNW-Oriented Fund   08/12/2009  

    KABR Group, which is raising its first fund from high-net-worth investors, is expanding the focus of its fund to include multifamily and broken condo deals.

  • Walton International Preps Pre-Development Land Fund   08/11/2009  

    Walton International Group is looking to raise $50 million to $100 million for the Walton Land Opportunity Fund, which will focus on pre-development land.

  • Asian Equity Fund Targets HNW   08/07/2009  

    Karakoram Asset Management is approaching Asian high-net-worth investors for Karakoram Fund, a long/short equity fund.

  • Texas Investor Rolls Out Medical Office Fund   08/05/2009  

    RMC Medstone has rolled out Medstone Equity, a $75 million fund that will focus on acquiring healthcare facilities and related real estate.

  • Quan Aims Tech Fund at Families   08/03/2009  

    Quan Management, with offices in Geneva and Silicon Valley, is raising money for its first hedge fund--a long/short small-cap technology fund, that will be primarily marketed to family offices and fund of funds.

  • Bookbinder Rolls Out Green FoF   07/30/2009  

    New York’s Bookbinder Capital Management (BCM) has launched TerraVerde Capital Partners—a fund of funds that invests only in green hedge funds.

  • Charlotte Shop Readies Managed Futures FoF   07/28/2009  

    Aegis Funds Management, a Charlotte, N.C. money manager focused on the high-net-worth, has devised a fund of funds focused on a small number of underlying managed futures strategies, and expects it to be ready to launch within 45 days.

  • Instrument Fund Seeks Family Office Money   07/21/2009  

    Artist Rare Instrument Fund, a New York-based firm, has set up a private equity fund to invest in rare violins, violas and cellos.

  • FoF Targets Wealthy Women   07/16/2009  

    Evanston, Ill.-based fund of hedge funds Pluscios Management is eyeing high-net-worth women investors and bolstering management to support the effort.

  • Ward Grows Asset Allocation Biz   07/13/2009  

    L.H. Ward & Co., a London-based boutique best-known for running a small long/short equity fund, is focusing on providing asset-allocation services to wealthy individuals.

  • Cinneas Pushes Currencies   07/13/2009  

    Cinneas Foreign Exchange, a Morristown, N.J.-based alternative investment management firm, has launched a Commodity Trading Advisor platform in an effort to provide institutional and high-net-worth investors with currency plays uncorrelated to the traditional markets.

  • Lightwater Touts Conservative Strategy   07/10/2009  

    Toronto-based Lightwater Partners is implementing a marketing strategy which focuses on the fund’s low-volatility—emphasized by its new name, Lightwater Conservative Long/Short Fund—and choosing a fund distributer instead of a third-party marketer.

  • Federated To Offer Trade Finance Funds   06/26/2009  

    Federated Investors has teamed up with London-based GML Capital to market and distribute investment vehicles based on trade finance transactions to high-net-worth individuals and institutional clients.

  • Ariel Converts Fund To SMA   06/17/2009  

    Ariel Investments will convert its newly-minted Micro-Cap Value Strategy hedge fund into a separately managed account program in order to attract more high-net-worth investors.

  • Ucits Fund Targets U.K. HNW   06/12/2009  

    At the end of the month London’s Prodigy Capital will launch a Ucits-compliant version of its $30 million Asia and Emerging Markets Fund with a target size of £40 million.

  • Hayground Pitches Student Loan Fund   05/12/2009  

    Hayground Cove Student Partners, an affiliate of Hayground Cove Asset Management, will launch what is believed to be a unique fund that will focus solely on financing student loans.

  • Vol Arb Firm Sets Launch   04/30/2009  

    Harvest Volatility Management has set a July 1 launch date for its unnamed volatility arbitrage offering, which will be a fund version of its existing managed accounts.

  • Perimeter Hawks Long/Short Strat   04/30/2009  

    Perimeter Capital Management has begun marketing a new long/short equity strategy to funds of funds and high-net-worth investors and will soon start pitching the offering to institutions.

  • Consultant Unveils Fund of Hedged Mutual Funds   04/22/2009  

    Alternative investment advisory firm Lake Partners has teamed up with Aston Funds to launch a fund of hedged mutual funds, taking advantage of the growing universe of alternative mutual funds offered by institutions such as Permal Group, AQR Capital Management and Highbridge Capital Management.

  • Aquila Raising Capital For Farm PE Fund   04/03/2009  

    Aquila Capital is raising money for a private equity fund that will invest in farm property.

  • Augustus Looks To Family Office To Grow   04/03/2009  

    Augustus Asset Managers wants to grow its JB Currency Hedge Fund to between $500 million and $1 billion within the next four years, now that it has reached a one-year track record.

  • Liontrust Buys Ilex   04/03/2009  

    Liontrust Asset Management has acquired Ilex Asset Management and with it the long/short Ilex Credit Fund.



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