Mergers & Acquisitions / Joint Ventures

Deutsche, FRM start first seeding managed account platform


Deutsche Bank and Financial Risk Management have partnered to launch the industry’s first hedge fund seeding managed account platform.

The dbalternatives Discovery platform is designed to extend the investor protection afforded by Deutsche Bank’s established dbalternatives managed account platform into the hedge fund seeding arena.

FRM, through its hedge fund seeding division FRM Capital Advisors (FCA), will select and negotiate strategic investments in emerging managers – which will be made through managed accounts on the dbalternatives Discovery platform.

Deutsche will also raise capital for a seeding fund that will invest in early-stage hedge funds selected by FCA, which