First Avenue grows seeding fund portfolio

Thu Sep 2, 2010



First Avenue Partners, a placement agency and emerging manager investment boutique, is set to launch its second seeding and emerging manager fund. The FAP Opportunities Fund plans to invest in eight to 12 emerging hedge fund managers offering tickets of $15 million to $50 million, and already has seven managers in the pipeline.


Christian Benigni


First Avenue is not new to the seeding space, having launched the FAP Hedge Fund Opportunities Fund in 2008. This fund had $127 million in cornerstone investments from a European insurance company. It invested in nine funds and seeded CGP Partners, a...

TAKE A FREE TRIAL

The full contents of this article are available to active InvestHedge subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to InvestHedge.

Subscribe

Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now