Fund launches & closures

Rambourg to start Verrazzano funds with at least $500m

by

Guillaume Rambourg
Former Gartmore star European equity manager Guillaume Rambourg is nearing the start line for the launch of his new Paris-based hedge fund Verrazzano Capital, one of the most hotly awaited new start-ups in the long/short equity space in Europe.

The firm intends to launch its two long/short funds on 1 March, having recently received full authorisation from the AMF, and will shortly start running live portfolios with partner capital for a month ahead of taking in external investor capital.

Verrazzano will run two strategies similar to the highly successful AlphaGen Capella and AlphaGen Tucana