Mergers & Acquisitions / Joint Ventures

Hermes in seeding tie-up deal

by

Matteo Perruccio
As more and more institutional investors look to emerging hedge fund managers, Hermes BPK Partners, the $1.6 billion alternative advisory boutique and fund of hedge funds, and Northern Lights Capital Group, an $11 billion Seattle-based private equity firm focused on asset management, are to join forces with the intention to launch a new investing platform designed to identify and provide access to early stage hedge fund managers for global institutional investors and pensions funds.

A recent PerTrac study has shown that small hedge funds outperform mid-size and large funds, and young funds outperform