Launches & Closures

APG backs a second seeding fund


Jeroen Tielman
As seeding takes its place on centre stage, IMQubator, the hedge fund seeding platform backed by the $392 billion APG pension fund, has given the former AIG team $36 million in seeding capital and decided to create a second seeding fund.

IMQubator will transform its current IMQubator Multi Manager Fund into a limited-life vehicle that will be called IMQubator 1, while simultaneously developing a second fund, which also will invest in hedge fund start-ups.

Both vehicles will be open to other institutional investors next to pension asset manager APG. IMQubator intends to attract