Former BlueBay team build for new credit world with Goldbridge launch
Mon Nov 26, 2012
Northill-backed asset manager is a major new addition to the alternative investing space in European credit at a time of far-reaching change and opportunity across the credit spectrum
Even by the increasingly institutional and large-scale standards of new hedge fund launches in the much-altered post-crisis industry environment, specialist London-based credit manager Goldbridge Capital Partners is creating something a little different.
Backed by Northill Capital – the private asset management investment business that is run by former BNY Mellon Asset Management vice-chairman Jon Little and funded by the wealthy Swiss Bertarelli family – Goldbridge is aiming to establish itself in fairly short order as a major new player in the fast-growing alternative credit investing space.
Its founding partners are certainly putting plenty of investment behind that aim. The business has £25 million of equity capital – way more than for the typical start-up investment manager – while the firm’s first two credit hedge funds launched with long-term committed assets of around $100 million from Northill.
Furthermore, Goldbridge’s investment and business management team already numbers 30 people – evidence of...
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