Stream session: Start-ups, seeding and capital raising

May 24, 2012  


Securing seed capital and making it work


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Matteo Dante Perruccio, Rob Kirkwood, Mikael Spångberg, Sanjay Tikku, Niki Natarajan
A packed session saw three experienced early-stage hedge fund investors and one recipient of day-one seed capital shed light on their experiences, for the benefit of the many managers and investors that had gathered to listen.

The panel comprised Matteo Dante Perruccio of Hermes BPK Partners, Sanjay Tikku of KAUST, Mikael Spångberg of SEB and Rob Kirkwood, head of business development at former SAC man Ali Akjay’s new Carrhae Capital firm.

“A lot of the time these emerging managers don’t know how to build a business,” said Perruccio, explaining that a good manager is not necessarily a good marketer. Hermes BPK’s joint venture with Seattle-based Northern Lights Capital Group last year represented the best way for his firm...

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Data

April 2013 European regional fund

Composite
Index Composite
EuroHedgeApr 13YTD%
Composite0.62%3.34%100%
Convertible & Equity Arbitrage EUR2.28%5.22%100%
Convertible & Equity Arbitrage USD0.90%3.54%100%
Credit EUR1.09%4.42%100%
Credit USD0.64%3.73%100%
Currency-1.00%-0.56%100%
Emerging Market Debt USD1.05%1.65%100%
Emerging Market Equity USD-0.01%2.99%100%
Equity Market Neutral & Quantitative Strategies EUR0.59%3.21%100%
Equity Market Neutral & Quantitative Strategies USD0.44%2.92%100%
European Equity EUR-0.02%3.36%100%
European Equity GBP0.01%5.56%100%
European Equity Nordic1.04%5.29%100%
European Equity USD0.22%4.46%100%
Event Driven EUR0.24%2.62%100%
Event Driven USD0.42%0.36%100%
Fixed Income EUR0.51%1.36%100%
Fixed Income USD0.33%1.04%100%
Global Equity EUR0.53%3.92%100%
Global Equity USD0.50%4.68%100%
Macro EUR0.75%2.12%100%
Macro USD1.07%3.10%100%
Managed Futures EUR2.28%5.45%100%
Managed Futures USD2.70%6.16%100%
Mixed Arbitrage & Multi-Strategy USD1.28%4.03%100%

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