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 is...

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