Launches & Closures Hedge Funds

Everest Capital partners with RiceHadley Group, opens frontier fund


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