Launches & Closures

Dromeus launches vehicle targeting Greek assets recovery


A Greece-focused hedge fund has been launched by Dromeus Capital Group, an emerging markets alternative investment specialist based in Geneva and Athens, that is thought to be one of the first funds to focus specifically on a recovery in Greek assets.

The fund will target opportunities created by the sell-off in Greek assets since the start of the financial crisis. The Greek stock market has dropped by 83%, while the country’s real GDP has contracted by 20% since 2008.

Dromeus says that the size of the fund will be limited to €200 million until there are substantial improvements