Horizon 21 spin-out Active Alpha builds base
Thu Apr 21, 2011
Pfaffikon-based equity boutique’s principals believe their nimble trading-oriented approach and low correlation with markets offer substantial diversification benefits
Active Alpha, the Switzerland-based hedge fund firm led by a
group of senior former UBS executives that span out from ex-RMF
founder Rainer-Marc Frey's Horizon21 group last year, is
building a solid track record with its flagship long/short
equity trading strategy six months after starting out as an
independent equities boutique.
The Pfaffikon-headquartered company, led by former H21 chief
executive and deputy chairman Daniel Schweizer, became a fully
independent entity in September last year as part of a
strategic move by H21 to hive off its single-manager hedge fund
activities into standalone businesses.
H21 remains an investor in the firm's AA Equity Fund and the
two firms retain a strong relationship, but Frey's group has no
equity stake in the Active Alpha firm - which is entirely owned
by its eight-strong team of partners and employees.
The business and portfolio management line-up at Active
ISSN: 2151-1845 / CDC10004H
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