APG-backed IMQubator seeds Passey's long-standing 'pure' CB arbitrage fund

Thu Jul 22, 2010

Firm's sixth alternative investment deal takes fund's total assets to around $40 million

IMQubator, the Amsterdam-based emerging manager fund backed by Dutch pension fund giant APG, has made its sixth alternative investment seeding deal with a €25 million investment in Rory Passey's long-standing Boston and Alexander Number One convertible arbitrage fund, taking total assets to around $40 million.

Patrick Hall

Passey - who has been in the financial markets for almost 30 years, having begun his City career as a Gilt market-maker at Akroyd & Smithers in 1981, and has worked in the convertible market since 1989 - first...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI