FRM Capital Advisors (FCA), the hedge fund seeding division
of $15 billion global fund of funds group Financial Risk
Management, has announced its first strategic relationship with
a significant investment in Chicago-based asset-backed
financing fund Victory Park Capital Advisors.
The deal comes seven months after the new FRM unit launched
its FCA Catalyst fund to invest in emerging managers. Having
launched with initial capital of $250 million, the fund is now
well on its way...