Alceda wants smaller funds on its platform
November 29, 2010
Alceda Fund Management of Luxembourg says it wants to attract smaller and medium sized hedge fund managers for its UCITS platform.
Platforms run by banks usually only consider funds that are more than $250 million in assets or funds that they think can gain those assets under management fairly quickly – which usually results in small niche hedge fund managers being under serviced, company officers believe.
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