Launches & Closures Hedge Funds

Everest Capital partners with RiceHadley Group, opens frontier fund

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RiceHadley will provide political and economic advice as the firm expands its investments in frontier markets.

Marko Dimitrijevic
Everest Capital, a $2 billion global macro hedge fund in Miami, has formed a strategic partnership with the RiceHadley Group, the consulting firm founded by former U.S. Secretary of State Condoleezza Rice and former U.S. National Security Advisor Stephen Hadley, according to a letter the firm sent to investors.

The firm also announced it is opening a new global macro strategy to investors that focuses on such frontier markets as Egypt, Nigeria and Saudi Arabia.

RiceHadley will provide advice to Everest Capital’s investment committee on a variety of political and economic issues that affect