Launches & Closures

Fund raising for early-stage managers gains traction as SkyBridge and NewAlpha launch


The private equity-style fund raising model seems to have taken root in hedge fund seeding as the structure currently in vogue. Both NewAlpha Asset Management and SkyBridge Capital are launching new funds to raise capital that they will then invest in start-up or emerging managers.

Philippe Paquet and Antoine Rolland

The NewAlpha Genesis 4 is a contractual fund currently being established with a view to invest in French and foreign hedge funds run by early-stage fund managers. NewAlpha Asset Management, which is a subsidiary of the OFI Group, aims to raise