Major new French seeding platform Emergence has selected its
first seeding partnership in the alternative investment space
with a $40 million investment in Paris-based Eiffel
Investment Group's Eiffel Credit Opportunities Fund.
Emergence was set up earlier this year with the backing of
seven major French institutional investors as part of a
concerted effort by the French government to strengthen and
develop the asset management business in France.
The alternative asset management seeding part of the
platform - named Emergence Performance Absolue -...