Element to spin off from Vega incubation platform
Thu Mar 29, 2007
Having achieved an impressive two-year annualized track
record of returning more than 18%, Element Capital Fund is
leaving Proxima Alpha Investments.The New York macro/relative
value fund's separation from Proxima, the $2.7 billion hedge
fund seeding and incubation platform set up by Vega Asset
Management, will take place in June. At the same time, the fund
ISSN: 2151-1845 / CDC10004H
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