Launches & Closures

NewAlpha teams up with Woori for Asian vehicle


Antoine Rolland
The seeding industry is continuing to flourish as smaller managers caught in a Catch 22 asset inflow crisis look around for acceleration capital. Many funds of funds are only now starting to recover and grow their asset base, and a few of them are ready to invest in the $250 million to $500 million hedge fund bracket.

But the holy-grail ‘sticky money’ of direct allocators with tickets of $25 million to $100 million to invest prefer managers with assets under management just shy of $1 billion for their so-called ‘emerging manager’ allocations, according