Emerging markets player Triogem crosses $100 million
August 18, 2010
Founded by a regular contributor to CNBC’s Fast Money, the firm has enjoyed speedy fundraising.
Maybe it's the Fast Money thing.
Tim Seymour, a founding partner of emerging markets focused Triogem Asset Management, is a regular presence on CNBC, especially its boisterous “Fast Money” investment advice program. As one of the show's daily contributors, Seymour loves to sell emerging market trades, pitching such investments as Indian car-maker Tata Motors and Africa-focused telecom company Millicom International Cellular.
Investors seem to like all the fast talk about emerging markets. After launching with $27 million in January 2009, Triogem is posting strong returns and now running $110 million.
Headquartered in New York, Triogem was founded by Seymour, Walter Stoeppelwerth and Diego Parma with an initial investment from fund of funds Lighthouse Partners. The flagship Triogem Long Short Global Emerging Markets Fund is up 5.67% this year through July, compared with a decline of...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.