StoneWater Capital, a $135 million New York-based fund of funds, has launched the StoneWater Capital Opportunities Fund to answer a client-driven need for a multi-strategy, multi-manager global emerging markets fund. The new emerging markets fund has already raised $16 million.
Frank Brochin
StoneWater's new fund currently has four Asian managers: one volatility player; one event driven manager; a distressed debt hedge fund; and a long/short equity manager.
In the coming month, StoneWater will add a pan...