New French platform Emergence seeds Eiffel via NewAlpha

Thu May 3, 2012

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 –...

ISSN: 2151-1845 / CDC10004H

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