Hedge Funds

Greylock to add emerging markets equity fund


New York-based Greylock Capital Management is planning to add an emerging markets equity strategy to its line-up. With existing investors asking for an equity component to complement the firm's distressed funds and valuations looking attractive, the firm will begin trading Greylock Emerging Markets Equity in May. Lucia Skwarek, who recently joined the firm from JPMorgan, where she ran a $300 million proprietary portfolio, will manage the new fund.

Greylock Emerging Markets Equity will leverage off of the firm's expertise in distressed debt and country analysis and combine it with value-driven stock selection. Analysis of bankruptcy risk in emerging markets