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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